Attention Investors & owner occupants! Very large Queen Anne Historic District stone & brick Queen Anne Victorian end of row 4 Unit in very good condition. All units have electric baseboard heat. 3 Units have gas cooking and 1 with electric cooking. One gas hot water heater for the entire building is paid for the owner. Unit 1st floor has 5 rooms, 3 BRS, Liv, Kit, Bath, electric cooking, rented for $950 a month on a M/M basis. Unit 2 - 2nd floor front has 4 rooms, 1 BR, living room, dining room, kitchen, bath, gas cooking, rented for $700 a month on a M/M basis. Unit 3 - 2nd floor rear is an efficiency, 2 rooms, Br, kit, bath, gas cooking, rented for $625 a month on a M/M basis. Unit 4 - 3rd floor has 3 rooms, 1 BR, liv, kit, bath, gas cooking, rented for $775 a month on a one year lease by a new tenant in 11/1/21. Rubber roofs. 200 AMP electric main with 100 AMP individual breaker panels. Replacement windows. Hardwood floors. Many updates throughout! Great curb appeal! Total income: $37,200. Expenses: $8,082. Net income: $29,118. Expenses breakdown: Taxes: $2,479. Insurance: $1,691. W/ S: $2514. Electric: $803. Gas: $495. Cap Rate: 11%. This beauty is a solid investment located in a very nice neighborhood next to the Children's Home of Reading is a must for your real estate portfolio! Owner occupants choose your unit and live for free.
Multi-familyProperty Type
1910Year Built
1,742 sq ftLot Size
$86Price/Sq.Ft.
Listed by Jose Candelaria• RE/MAX Of Reading
•610-670-2770 (broker)
•info@goberkscounty.com (broker)
Bought with Anabel Rodriguez Elizalde• Houwzer, LLC
Queen Anne Historic District 4 Unit in overall good condition. Units have all electric baseboard heat. 3 Units have gas cooking and 1 with electric cooking. One gas hot water heater for the entire building is paid for the owner. Unit 1st floor has 5 rooms, 3 BRS, Liv, Kit, Bath, electric cooking, rented for $750 a month. Unit 2 - 2nd floor front has 4 rooms, 1 BR, living room, dining room, kitchen, bath, gas cooking, rented for $625 a month. Unit 3 - 2nd floor rear is an efficiency, 2 rooms, Br, kit, bath, gas cooking, vacant and projected rent $625 a month. Unit 4 - 3rd floor has 3 rooms, 1 BR, liv, kit, bath, gas cooking, rented for $543 a month. Rubber roofs. 200 AMP electric main with 100 AMP individual breaker panels. Total income: $30,516. Expenses: $10,103. Net income: $20,413. Expenses breakdown: Taxes: $2,454. Insurance: $1,900. Trash: $1104. W/ S: $3,168. Electric: $325. Gas: $840. Cap Rate: 12%. Property being sold AS IS.
TREND #6071045
Dec 7, 2012
Sold
$85,000
$26/sq ft
Jun 14, 2012
Listed
$109,900
$33/sq ft
+20
BRIGHT MLS #1004004056
Dec 7, 2012
Sold
$85,000
$26/sq ft
Dec 5, 2012
Listing Removed
—
Jun 14, 2012
Listed
$109,900
$33/sq ft
Public Records
May 10, 2001
Sold
$67,900
$21/sq ft
BRIGHT MLS #PABK212624
Mar 15, 2001
Listing Removed
—
Dec 16, 1999
Listed
$67,900
$21/sq ft
BRIGHT MLS #PABK303874
Oct 1, 1998
Listing Removed
—
Oct 1, 1998
Listed
$82,900
$25/sq ft
BRIGHT MLS #PABK255722
Apr 1, 1998
Listing Removed
—
Oct 1, 1997
Listed
$95,900
$29/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$2,617 (+2.4%)
$9,200 + $47,500
$56,700
2025
$2,556 (+1.5%)
$9,200 + $47,500
$56,700
2024
$2,518 (+1.6%)
$9,200 + $47,500
$56,700
2023
$2,479
$9,200 + $47,500
$56,700
2022
$2,479
$9,200 + $47,500
$56,700
2021
$2,479 (+1.0%)
$9,200 + $47,500
$56,700
2020
$2,454
$9,200 + $47,500
$56,700
2019
$2,454
$9,200 + $47,500
$56,700
2018
$2,454 (+0.7%)
$9,200 + $47,500
$56,700
2017
$2,437 (+6.2%)
$9,200 + $47,500
$56,700
2015
$2,294 (−21.7%)
$9,200 + $47,500
$56,700
2014
$2,931
$9,600 + $63,700
$73,300
2013
$2,931 (+6.0%)
$9,600 + $63,700
$73,300
2012
$2,766
$9,600 + $63,700
$73,300
2011
$2,766 (+6.8%)
$9,600 + $63,700
$73,300
2010
$2,590
$9,600 + $63,700
$73,300
Tax history for 127 Spring St
Year
Property tax
Land + Additions
Assessment*
2026
$2,617 (+2.4%)
$9,200 + $47,500
$56,700
2025
$2,556 (+1.5%)
$9,200 + $47,500
$56,700
2024
$2,518 (+1.6%)
$9,200 + $47,500
$56,700
2023
$2,479
$9,200 + $47,500
$56,700
2022
$2,479
$9,200 + $47,500
$56,700
2021
$2,479 (+1.0%)
$9,200 + $47,500
$56,700
2020
$2,454
$9,200 + $47,500
$56,700
2019
$2,454
$9,200 + $47,500
$56,700
2018
$2,454 (+0.7%)
$9,200 + $47,500
$56,700
2017
$2,437 (+6.2%)
$9,200 + $47,500
$56,700
2015
$2,294 (−21.7%)
$9,200 + $47,500
$56,700
2014
$2,931
$9,600 + $63,700
$73,300
2013
$2,931 (+6.0%)
$9,600 + $63,700
$73,300
2012
$2,766
$9,600 + $63,700
$73,300
2011
$2,766 (+6.8%)
$9,600 + $63,700
$73,300
2010
$2,590
$9,600 + $63,700
$73,300
*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
7
Baths
4
Stories
3
Lot width
—
Lot depth
—
Lot size
1,742 Sq. Ft.
Year renovated
—
Sq. Ft.
3,283
Year built
1910
Style
Townhouse
County
Berks County
APN
15530749559820
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 10, 2026.
R-3
QUEEN ANNE HISTORIC DISTRICT
Residential District
The R-3 District allows the highest residential densities and permits multifamily apartments.
Zone overlays
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Agriculture-Cropland
Park & open space
Property details
Parking
Parking Information
On Street
Interior
Interior Information
Appliances: Oven/Range - Electric, Refrigerator, Water Heater