Nestled on a corner lot, this captivating 4-unit property exudes timeless charm. Original woodwork graces the interiors, creating an inviting atmosphere. The building boasts an array of amenities, including a spacious 6-car parking lot—a rare find in the neighborhood. Step into the front and back yards, where a tranquil fountain adds a touch of elegance. Each unit is thoughtfully equipped with its own washer and dryer, ensuring convenience for residents. Heating options include electric baseboards and oil heat, while window unit air conditioning keeps summers comfortable. The curb appeal is simply stunning, making this property a standout in the market. Don’t miss the opportunity to own this gem—schedule a viewing today!
Own a piece of history and experience the charm & character of this Italian Villa Style Home. This single multi unit property boasts hardwood floors, 12 ft ceilings, beveled glass doors, stained glass windows, fireplace & wood pockets doors. The ground floor studio apartment has 1-BR, 1-BA. First floor apartment has 2-BR, 2-BA, bright Sunroom leading to large deck. Beautiful curved oak staircase leads to 2nd & 3rd level units each with 2-BR, 1-BA. Enjoy the gorgeous city and mountain views from each window and the backyard garden features a circular pond w/ fountain. The tenants pay their own utilities and enjoy the convenience of off street parking and washer/dryer in each unit. This stately property can easily be converted back to a single family home and must be seen to fully appreciate it's "Old World" beauty.
BRIGHT MLS #1007823982
Mar 12, 2016
Listing Removed
—
Apr 21, 2015
Listed
$253,000
$69/sq ft
BRIGHT MLS #1007914438
Mar 12, 2016
Listing Removed
—
Apr 21, 2015
Listed
$253,000
$69/sq ft
BRIGHT MLS #1008629724
Feb 2, 2009
Listing Removed
—
Oct 18, 2008
Listed
$299,500
$82/sq ft
BRIGHT MLS #1008435492
May 30, 2008
Listing Removed
—
Mar 20, 2008
Listed
$340,000
$93/sq ft
BRIGHT MLS #1008439718
May 30, 2008
Listing Removed
—
Mar 20, 2008
Listed
$340,000
$93/sq ft
BRIGHT MLS #PABK283576
Mar 20, 2008
Listing Removed
—
Nov 14, 2006
Listed
$365,000
$100/sq ft
BRIGHT MLS #PABK286950
Mar 20, 2008
Listing Removed
—
Nov 14, 2006
Listed
$365,000
$100/sq ft
Public Records
Sep 7, 2004
Sold
$325,000
$89/sq ft
Public Records
Feb 7, 2001
Sold
$225,000
$62/sq ft
BRIGHT MLS #PABK185996
Dec 28, 2000
Listing Removed
—
Oct 23, 2000
Listed
$225,000
$62/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$6,029 (+2.4%)
$38,000 + $92,600
$130,600
2025
$5,886 (+1.5%)
$38,000 + $92,600
$130,600
2024
$5,799 (+1.6%)
$38,000 + $92,600
$130,600
2023
$5,709
$38,000 + $92,600
$130,600
2022
$5,709
$38,000 + $92,600
$130,600
2021
$5,709 (+1.0%)
$38,000 + $92,600
$130,600
2020
$5,652
$38,000 + $92,600
$130,600
2019
$5,652
$38,000 + $92,600
$130,600
2018
$5,652 (+0.7%)
$38,000 + $92,600
$130,600
2017
$5,614 (+6.2%)
$38,000 + $92,600
$130,600
2015
$5,285 (+1.2%)
$38,000 + $92,600
$130,600
2014
$5,222
$38,000 + $92,600
$130,600
2013
$5,222 (+6.0%)
$38,000 + $92,600
$130,600
2012
$4,927
$38,000 + $92,600
$130,600
2011
$4,927 (+6.8%)
$38,000 + $92,600
$130,600
2010
$4,615
$38,000 + $92,600
$130,600
Tax history for 1500 Mineral Spring Rd
Year
Property tax
Land + Additions
Assessment*
2026
$6,029 (+2.4%)
$38,000 + $92,600
$130,600
2025
$5,886 (+1.5%)
$38,000 + $92,600
$130,600
2024
$5,799 (+1.6%)
$38,000 + $92,600
$130,600
2023
$5,709
$38,000 + $92,600
$130,600
2022
$5,709
$38,000 + $92,600
$130,600
2021
$5,709 (+1.0%)
$38,000 + $92,600
$130,600
2020
$5,652
$38,000 + $92,600
$130,600
2019
$5,652
$38,000 + $92,600
$130,600
2018
$5,652 (+0.7%)
$38,000 + $92,600
$130,600
2017
$5,614 (+6.2%)
$38,000 + $92,600
$130,600
2015
$5,285 (+1.2%)
$38,000 + $92,600
$130,600
2014
$5,222
$38,000 + $92,600
$130,600
2013
$5,222 (+6.0%)
$38,000 + $92,600
$130,600
2012
$4,927
$38,000 + $92,600
$130,600
2011
$4,927 (+6.8%)
$38,000 + $92,600
$130,600
2010
$4,615
$38,000 + $92,600
$130,600
*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
5
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
0.31 Acres
Year renovated
—
Sq. Ft.
3,650
Year built
1910
Style
Multi-Family (2-4 Unit)
County
Berks County
APN
16531606381756
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 2026.
R-3
Residential District
The R-3 District allows the highest residential densities and permits multifamily apartments.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Agriculture-Cropland
Park & open space
Property details
Parking
Parking Information
# of Attached Carport Spaces: 3
# of Total Garage and Parking Spaces: 11
Driveway - # of Spaces: 2
Parking Lot - # of Spaces: 6
Concrete Driveway
Attached Carport, Driveway, Parking Lot
Interior
Interior Information
Living Area Sq.Ft. Source: Assessor
Room Information
# of Rooms: 19
Fireplace Information
Has Fireplace
# of Fireplaces: 1
Basement Information
Basement: No
Multi Unit Information
# of One Bedroom Units: 1
# of Two Bedroom Units: 3
# of Units Leased: 4
Other Units: Unit 1,Unit 2,Unit 4,Unit 3
Gross Income: $51,000
Net Operating Income: $35,300
Income Includes: Apartment Rentals
Operating Expense: $7,000
Operating Expense Includes: Insurance
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Accessibility Features: Other
Improvement Assessed Value: $92,600
Insurance Expense: $2,000
Ownership Interest: Fee Simple
Property Condition: Good
Year Built Source: Assessor
Building Information
# of Units (Total): 4
Construction Materials: Stucco, Brick
Foundation Details: Stone
Other Structures: Above Grade, Below Grade
Structure Type: Detached
Lot Information
Lot Features: Rear Yard, Front Yard
Lot Size Dimensions: 0.00 x 0.00
Lot Dimensions Source: Assessor
Tidal Water: No
Land Information
Land Assessed Value: $38,000
Above Grade Information
Finished Sq.Ft.: 3,650
Finished Sq.Ft. Source: Assessor
Below Grade Information
Unfinished Sq.Ft. Source: Assessor
Finished Sq.Ft. Source: Assessor
Financial
Tax Information
City/Town Tax: $2,368
County Tax: $1,090
School Tax: $2,342
Tax Assessed Value: $130,600
Tax Year: 2023
Tax Annual Amount: $5,799
Assessments Information
Year Assessed: 2024
Rental Information
Rent Control: No
Total Actual Rent: $51,000
Utilities
Utilities Information
Cooling Type: Window Unit(s)
Cooling Fuel: Electric
200+ Amp Service
Baseboard - Electric, Baseboard - Hot Water
Heating Fuel: Oil
Hot Water: Oil
Sewer Septic: Public Sewer
Electric Available, Water Available
Water Source: Public
Location
Homeowners Association Information
Maintenance Expense: $500
School Information
School District Name: READING
School District Source: Listing Agent
Location Information
Directions: crossing the Penn st. bridge, take a right on second st and then a left on franklin st all the way up to Perkiomen St. Take a right on Perkiomen st and at the intersection take a slight left on mineral spring rd. go one block and building is on your right.
Location Type: Corner Lot/Unit
Municipality: READING CITY
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 3,650
Stories: 2.0
Lot Size: 0.31 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1910
Year Renovated: —
County: Berks County
APN: 16531606381756
Home facts updated by county records on Aug 31, 2026
Around this home
Schools
Sixteenth & Haak El School
Public PreK-4 • Assigned • 0.2mi
2/10
Central Middle School
Public 5-8 • Assigned • 0.6mi
3/10
Reading Senior High School
Public 9-12 • Assigned • 1.1mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 100° expected this year, 16 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
3/10 Air Factor
1 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Reading, PA • 19602
Average low and high temperatures (°F)
35
21
40
26
59
37
67
46
73
55
84
64
87
71
81
62
78
60
68
47
55
39
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4 hours in December, placing it below the
U.S. average for solar exposure.
9.1 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$428,000 – $518,000
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