Northeast Reading 2 unit at the corner of Birch & Spring Street in need of work with an oversized 1 car detached garage currently rented for $50 a month. Unit 1 is on the main level and has 3 rooms, 1 private BR, Living, kitchen, tiled bath, Projected rent $600 a month. Unit 2 is on the 2nd & 3rd levels and has 4 rooms, 2 BRS, Living room, kitchen, tiled bath, Projected rent $750 a month. Property has an oil summer winter boiler paid for by the owner. 200 AMP main electric service with 3 - 100 AMP individual breaker panels. Top roof is an asphalt shingle roof, rear roof is rubber. Total projected annual income: $16,800. Total expenses: $7,648. Net income: $9,152. Cap Rate: 15%. EXPENSES: W/ S: $1,800. Owner's electric: $350. Heat: $3,200. Insurance: $800. Permits: $100. Taxes: $1,398. Both apartment units are currently vacant. The garage has a long term tenant. Excellent income producing property with enormous potential in a very convenient location near all the schools K-College. Being sold AS IS! Cash Sales ONLY.
Stucco over brick 2 unit in Northeast Reading with 2-car garage metal/fire escape. 24 hour notice required to set up all showings. New oil furnace. This property is very well maintained.
Public Records
Apr 25, 2003
Sold
$41,500
$27/sq ft
BRIGHT MLS #PABK160460
Feb 8, 2003
Listing Removed
—
Jun 24, 2002
Listed
$41,500
$27/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,491 (+2.4%)
$9,600 + $22,700
$32,300
2025
$1,456 (+1.5%)
$9,600 + $22,700
$32,300
2024
$1,434 (+1.6%)
$9,600 + $22,700
$32,300
2023
$1,412
$9,600 + $22,700
$32,300
2022
$1,412
$9,600 + $22,700
$32,300
2021
$1,412 (+1.0%)
$9,600 + $22,700
$32,300
2020
$1,398
$9,600 + $22,700
$32,300
2019
$1,398
$9,600 + $22,700
$32,300
2018
$1,398 (+0.7%)
$9,600 + $22,700
$32,300
2017
$1,388 (+6.2%)
$9,600 + $22,700
$32,300
2015
$1,307 (+1.2%)
$9,600 + $22,700
$32,300
2014
$1,291
$9,600 + $22,700
$32,300
2013
$1,291 (−30.0%)
$9,600 + $22,700
$32,300
2012
$1,845
$15,000 + $33,900
$48,900
2011
$1,845 (+6.8%)
$15,000 + $33,900
$48,900
2010
$1,728
$15,000 + $33,900
$48,900
Tax history for 1233 Spring St
Year
Property tax
Land + Additions
Assessment*
2026
$1,491 (+2.4%)
$9,600 + $22,700
$32,300
2025
$1,456 (+1.5%)
$9,600 + $22,700
$32,300
2024
$1,434 (+1.6%)
$9,600 + $22,700
$32,300
2023
$1,412
$9,600 + $22,700
$32,300
2022
$1,412
$9,600 + $22,700
$32,300
2021
$1,412 (+1.0%)
$9,600 + $22,700
$32,300
2020
$1,398
$9,600 + $22,700
$32,300
2019
$1,398
$9,600 + $22,700
$32,300
2018
$1,398 (+0.7%)
$9,600 + $22,700
$32,300
2017
$1,388 (+6.2%)
$9,600 + $22,700
$32,300
2015
$1,307 (+1.2%)
$9,600 + $22,700
$32,300
2014
$1,291
$9,600 + $22,700
$32,300
2013
$1,291 (−30.0%)
$9,600 + $22,700
$32,300
2012
$1,845
$15,000 + $33,900
$48,900
2011
$1,845 (+6.8%)
$15,000 + $33,900
$48,900
2010
$1,728
$15,000 + $33,900
$48,900
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
1,307 Sq. Ft.
Year renovated
—
Sq. Ft.
1,558
Year built
1920
Style
Townhouse
County
Berks County
APN
13531746158799
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 10, 2026.
R-3
Residential District
The R-3 District allows the highest residential densities and permits multifamily apartments.