Discover the potential of 1542 Mineral Spring Road, a spacious brick two-unit multifamily property located in Reading's Hessian Camp neighborhood! This property presents an excellent opportunity for investors looking to expand their portfolio or add value to an existing investment. The first-floor apartment offers a kitchen, full bathroom, generous living and dining areas, and additional finished basement space. The second apartment spans the upper two floors and features three bedrooms, a full bathroom, kitchen, and comfortable living area. Both units offer their own laundry facilities and separate electric service. Both units are occupied by long-term tenants on month-to-month leases. Additional highlights include a covered front porch, an elevated rear deck, and spacious interiors throughout. Whether you're a seasoned investor or just getting started, this two-unit property offers character, versatility, and long-term potential. Schedule your showing today!
TownhomeProperty Type
1900Year Built
3,049 sq ftLot Size
$104Price/Sq.Ft.
Listed by James Harrison• Realty One Group Supreme
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Sixteenth & Haak El School
Public PreK-4 • Assigned • 0.1mi
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
About District
8
District 8, located between Penn Street and the Schuylkill River, is a historic and civic-minded Reading neighborhood with a courthouse skyline and a grid of brick rowhomes. The neighborhood’s character concentrates around Penn Square at Penn Street and 5th Street, where cafés, small storefronts, and government buildings set a steady weekday rhythm. The Santander Performing Arts Center anchors the cultural calendar, while GoggleWorks Center for the Arts adds studios and galleries in a former factory setting. Reading Public Museum and its grounds bring a park-like counterpoint to the downtown blocks. Architecture shifts from ornate civic facades to tight residential streets with stoops and corner shops. Trails and river views thread the edges, linking daily errands to open-air breaks.
Provided by Walk Score and Local Logic
Market insights
1542 Mineral Spring Rd · $265,000
SALE-TO-LIST
100.6%
Most homes are selling 1% above list price.
LIST PRICE
$265,000
Median sale price in this area is $227,362. (14% lower than this home)
PRICE DROP
0 price drops
23% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Basement with outside entrance
Bedrooms
5 bedrooms on the main level
Bathrooms
2 full bathrooms, both on the main level
Heating & cooling
Hot water heating fueled by oil
Central air conditioning fueled by electricity
Home design
Interior townhouse/rowhouse
Parking
On-street parking
Construction
Brick construction
Stone foundation
Utilities
Natural gas hot water
Public water
Public sewer
Financial info
Total actual rent of $21,000
Electricity and solar
View estimated energy costs and solar savings for this home
Discover the potential of 1542 Mineral Spring Road, a spacious brick two-unit multifamily property located in Reading's Hessian Camp neighborhood! This property presents an excellent opportunity for investors looking to expand their portfolio or add value to an existing investment. The first-floor apartment offers a kitchen, full bathroom, generous living and dining areas, and additional finished basement space. The second apartment spans the upper two floors and features three bedrooms, a full bathroom, kitchen, and comfortable living area. Both units offer their own laundry facilities and separate electric service. Both units are occupied by long-term tenants on month-to-month leases. Additional highlights include a covered front porch, an elevated rear deck, and spacious interiors throughout. Whether you're a seasoned investor or just getting started, this two-unit property offers character, versatility, and long-term potential. Schedule your showing today!