1530 Mineral Spring Road

Reading, PA 19602

$420,000
Price
8
Beds
5
Baths
4,076 Sq. Ft.
$103 / Sq. Ft.
4,076
Sq. Ft.
$103
per Sq. Ft.

Description

Very solid turn key 3 Story, 5-unit apt building with very good cash flow, all apartment's fully rented, on site coin operated laundry provides extra income. Tenants pay their own heat, hot water, electric. All units have their own central air. Owner pays common area electric, water, sewer and trash. The Building and each apartment have been well maintained by the owner. Owner improvement's list is added to property information sheet. Don't past this one by. Make this your investment today.Very solid turn key 3 Story, 5-unit apt building with very good cash flow, all apartment's fully rented, on site coin operated laundry provides extra income. Tenants pay their own heat, hot water, electric. All units have their own central air. Owner pays common area electric, water, sewer and trash. The Building and each apartment have been well maintained by the owner. Owner improvement's list is added to property information sheet. Don't past this one by. Make this your investment today.
  1. Listed by Thomas Degler • Coldwell Banker Realty
    P: (610)-207-9631 tdegler1955@gmail.com

Property Details for 1530 Mineral Spring Road

Tax ID Number
16-5316-06-38-4739
Ownership
Fee Simple
Structure Type
Twin/Semi-Detached
Style
Traditional
Waterfront
No
Garage
No
Expected On Market Date
12-29-2024
Municipality
READING CITY
LISTING UPDATED: 12/29/2024 12:06 AM

Property Details for 1530 Mineral Spring Road

StatusActive
MLS #PABK2051770
Days on Market5
Taxes$4,045 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.18 AC / 7,840 SF
CountyBerks County

Building Information for 1530 Mineral Spring Road

Stories-Residences4Year Built1900Building Size-Lot Size0.18 AC / 7,840 SF

Property Information for 1530 Mineral Spring Road

Location
Location
  • School District Name: READING
  • School District County ID: 300200397169
  • SchoolDistrictSource: Listing Agent
  • 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: 2024
  • Tax Assessed Value: $91,100
  • Year Assessed: 2024
  • County Tax: $760
  • Improvement Assessed Value: $52,400
  • City Town Tax: $1,652
  • Land Assessed Value: $38,700
  • Clean Green Assessed: No
  • Land Use Code: 4200
  • Zoning: RES
  • Tax Lot: 4739
  • School Tax: $1,633
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Insurance, Sewer, Water, Trash Collection, Taxes - Real Estate, Repairs
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 3
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Units Leased Count: 5
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Unit 3
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Unit 4
  • Type: Unit 5
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 2
  • Full Baths Count: 1
Unit 5
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
Financial Information
Expenses
  • Operating Expense: $19,177
Financial Information
  • Annual Rental Income: $51,180
  • Income Includes: Apartment Rentals, Laundry
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 4,076.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1458306
Parking
Parking
  • Type Of Parking: Off Street, On Street
  • Off Street - # of Spaces: 2
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Exterior Features: Sidewalks
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Reading-Berks Association of REALTORS

Property History for 1530 Mineral Spring Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1530 Mineral Spring Road

Taxable ValueLand$38,700Additions$52,400Total$91,100
Tax Record2024$2,412 ($201 / month)
Home Facts
Total Finished SqFt4,076 SqFtAbove Grade Finished SqFt4,076 SqFtStories3Lot Size7,841 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyBERKSAPN5316-06-38-4739

Schools near 1530 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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1530 Mineral Spring Road is a multi-family home for sale in Reading, PA 19602. This property was listed for sale on December 29, 2024 by Coldwell Banker Realty, it's currently listed at $420,000. It has been on the market for a total of 5 days and was last sold on September 16, 2005. This listing's school district is Reading School District. Nearby schools include Sixteenth & Haak El School, Central Middle School and Reading Senior High School. 1530 Mineral Spring Road is a 8-bed, 5-bath, 4,076 sqft multi-family home built in 1900.

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 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 Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.