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$269,000
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Property Description
Welcome to 1642 Mineral Spring Rd. This well-maintained 3-unit multi-family building is fully occupied and generating consistent income. With all 3 units rented it's a great opportunity to include to your investment portfolio or to generate rental income from 2 units while living in one. This property has a newer roof that was installed in 2022. Located just steps from Penn Street and minutes from major commuter routes including US-422, this property combines location, stability, and strong rental potential. All three units are large one-bedroom apartments with the potential of generating higher rents. Schedule your showing today.
Full Property Details
Full Property Details for 1642 Mineral Spring Rd
General
- Sold For: $269,000
- Taxes: $2,831 (2025)
- Status: Closed
- Type: Triplex
- Source: BrightMLSPhilly
- MLS ID: PABK2060586
- Added to Site: 162 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: Berks
- Driving Directions: From Perkiomen Ave, turn on Mineral Spring Rd, property is no the right.
School Information
- School District: Reading
Heating & Cooling
- Cooling Type: Other
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Oil
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Natural Gas Available
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: End of Row/Townhouse
- Construction: Brick
- Foundation: Other
- Roof: Shingle
- Stories/Levels: 0
- Square Feet: 2,538
- Sq. Ft. Source: Assessor
- Living Area: 2,538 Sq. Ft.
- Finished Above Grnd: 2,538 Sq. Ft.
- Year Built: 1905
- Year Built Source: Assessor
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: R-3
Financial Considerations
- Price Per Sq. Ft.: $104.37
- Assessment Year: 2025
- School Tax: $1,126
- City/TownTax: $1,139
- City/TownTax Freq: Annually
- County Tax: $566
- County Tax Freq: Annually
- Tax w/Assessment: $62,800
- Tax Amount: $2,831
- Tax Year: 2025
- Terms: Standard Sale
- Owner Pays: Gas, Sewer, Water, Trash Collection
- Landlord Pays: Gas, Sewer, Water, Trash Collection
- Tax Total Finished Sq. Ft.: 2538
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: 3 stoves, 3 refrigerators
- Lot Number: 3962
Listed by Daryl Tillman Realty Group, Parul Khanna
Sold by Century 21 Gold, William Roman
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Schools
Schools serving 1642 Mineral Spring Rd
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Sixteenth & Haak El School 1601 Haak Street, Reading, PA 19602 | PK-4 | 0.1 mi |
Central Middle School, Reading, PA 215 North 12th Street, Reading, PA 19604 | 5-8 | 0.7 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1642 Mineral Spring Rd
Date
Details
Price
Change
Source
10/24/2025
Sold
$269,000
1.55%
MLS
9/13/2025
Listed
$264,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1642 Mineral Spring Road, Reading, PA 19602 (MLS# PABK2060586) is a Triplex property that was sold at $269,000 on October 24, 2025. Want to learn more about 1642 Mineral Spring Road? Do you have questions about finding other Triplex real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

