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1601 Mineral Spring Rd photo 1
for sale
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$615,000

0beds
|
0baths
|
6,775sqft
|
1910built
1601 Mineral Spring Rd,Reading, PA 19602

Est.$4,044/moCustomize payment

What's special

$91/sqft

Price per square foot

Built in 1910

116 years old

Overview

Six unit investment opportunity in the Hessian Camp section of Reading delivering strong cash flow and long term upside. The property consists of six two bedroom one bath units with multiple updates already completed, offering a stabilized asset with additional value add potential. This offering includes 1601 Mineral Spring Road, 1603 Mineral Spring Road, and 1601 Rear Mineral Spring, which functions as a dedicated off street parking lot with space for approximately twelve vehicles. Ample parking is a key advantage that supports tenant retention and enhances overall asset value. Tenants are re...

Listed on April 10, 2026 · Source: MLS #PABK2070500

Property details

Cost estimate

Est. monthly payment

$3,660/mo
Principal & interest
$3,224
Property tax
$231
Home insurance (est.)
$205

Down payment

$123,00020% of list price
Adjust down payment20%
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Based on 20% down ($123,000), 6.85% interest rate, 30-year fixed. Insurance is an estimate. Actual costs may vary.

Customize scenario

Price history

DateEventPrice
Apr 10, 2026Listed for sale$615,000

Location

1601 Mineral Spring Rd, Reading, PA 19602

Nearby homes

$615,000

0 beds · 0 baths · 6,775 sqft