1601 Mineral Spring Rd

Beds
Baths
6,775 Sq. Ft.
$91 / Sq. Ft.
6,775
Sq. Ft.
$91
per Sq. Ft.

Description

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...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 responsible for heat, electric, and hot water, helping minimize operating expenses. Owner expenses are limited to water, sewer, and trash. The property features a newer roof, updated mechanical systems, and efficient gas furnaces, contributing to lower maintenance costs and reliable performance. Located in a high demand rental area, this is a turnkey investment with immediate income and future upside. Be sure all parcel IDs are included in any agreement of sale. Opportunities like this are limited, especially with built in parking and strong return potential. This is a strategic addition to any investment portfolio.
  1. Listed by John H Gantkowski Jr. • Iron Valley Real Estate of Berks
    P: (610)-780-3024 realtyjohng@gmail.com

Property Details for 1601 Mineral Spring Road

Tax ID Number
16-5316-06-39-9058
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial
Waterfront
No
Garage
No
Municipality
READING CITY
Central Air
No
LISTING UPDATED: 04/10/2026 09:04 PM

Property Details for 1601 Mineral Spring Road

StatusActive
MLS #PABK2070500
Days on Market1
Taxes$2,770 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1910
Lot Size0.12 AC / 5,227 SF
CountyBerks County

Location

Listing Courtesy of Iron Valley Real Estate of Berks
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Building Information for 1601 Mineral Spring Road

Stories-Residences3Year Built1910Building Size-Lot Size0.12 AC / 5,227 SF

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$3,328 per month

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Principal and Interest

$3,097

Property Taxes

$231

HOA Dues

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Property Information for 1601 Mineral Spring Road

Location
Location
  • School District Name: READING
  • School District County ID: 300200397169
  • SchoolDistrictSource: 3rd Party
  • County: BERKS
  • MLS Area: Reading City (10201)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $60,000
  • Year Assessed: 2026
  • County Tax: $541
  • Improvement Assessed Value: $47,600
  • City Town Tax: $1,153
  • Land Assessed Value: $12,400
  • Clean Green Assessed: No
  • Land Use Code: 163
  • Zoning: RESIDENTIAL
  • Tax Lot: 9058
  • School Tax: $1,076
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 6
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 6,775.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Estimated
Parking
Parking
  • Type Of Parking: Parking Lot
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: National Association of REALTORS
  • List Agent URL: johngantkowski.com

Property History for 1601 Mineral Spring Road

DateEvent & SourcePriceAppreciation
Apr 10, 2026

Listed (Active)

BRIGHT #PABK2070500

$615,000
Jan 18, 2018

Expired

BRIGHT #1000254331

$101,000
Jan 18, 2017

Listed (Active)

BRIGHT #1000254331

$101,000
Mar 25, 2009

Closed

BRIGHT #1005188136

$206,000
Feb 13, 2009

Pending

BRIGHT #1005188136

Feb 13, 2009

Listed (Active)

BRIGHT #1005188136

$206,000
Mar 26, 2005

Withdrawn

BRIGHT #PABK321314

Jun 16, 2004

Listed (Active)

BRIGHT #PABK321314

$210,000
DateEvent & SourcePrice
04/10/2026

Listed (Active)

BRIGHT #PABK2070500

$615,000
01/18/2018

Expired

BRIGHT #1000254331

$101,000
01/18/2017

Listed (Active)

BRIGHT #1000254331

$101,000
03/25/2009

Closed

BRIGHT #1005188136

$206,000
02/13/2009

Pending

BRIGHT #1005188136

02/13/2009

Listed (Active)

BRIGHT #1005188136

$206,000
03/26/2005

Withdrawn

BRIGHT #PABK321314

06/16/2004

Listed (Active)

BRIGHT #PABK321314

$210,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1601 Mineral Spring Road

Taxable ValueLand$12,400Additions$47,600Total$60,000
Tax Record2025$1,629 ($136 / month)
Home Facts
Beds6Baths3Total Finished SqFt3,420 SqFtAbove Grade Finished SqFt3,420 SqFtStories3Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built1910CountyBERKSAPN16531606399058

Schools near 1601 Mineral Spring Road

This home is within Reading School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 6 to 7
Rating
School
Distance
Sixteenth & Haak El School
PublicPK to 4

Central Middle School
Public5 to 8

Reading Senior High School
Public9 to 12

Southwest Middle School
Public6 to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1601 Mineral Spring Road is a multi-family home for sale in Reading, PA 19602. This property was listed for sale on April 10, 2026 by Iron Valley Real Estate of Berks, it's currently listed at $615,000. It has been on the market for a total of 1 days and was last sold on March 25, 2009. This listing's school district is Reading School District. Nearby schools include Sixteenth & Haak El School, Central Middle School and Reading Senior High School. 1601 Mineral Spring Road is a 0-bed, 0-bath, 6,775 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Iron Valley Real Estate of Berks

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.