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$239,900 Just Listed
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Property Description
Welcome to 404 Spring Street, located in the desirable Centre Park Historical District. Two-unit property features a leaded glass entrance opening into a foyer. The main-floor apartment boasts beautiful natural woodwork, beamed ceilings, a corner fireplace, and stained glass windows. It offers large, spacious rooms, a private bedroom, plus a nice eat-in kitchen, and full bath, a bonus is a beautiful private covered rear porch! Direct basement access provides convenient laundry access. This unit has strong rental potential of up $900 mo. Current owner kept rent low due to good long-term tenant. The upper unit, spanning the second and third floors, includes three large bedrooms, an open-concept kitchen and living area, a full bath, and its own private covered rear porch! This apartment is rented to one person at a lower rate of only $1050 but easily has the potential of $1500 or more due to its sheer size. The building is well-maintained with newer mechanicals and separate electric meters. This rare investment opportunity in a prime historic district with year round activities. This building in this location won't last long. Landlord pays Water, Sewer Trash= $1708.82 total Insurance - $1628 Common Electricity-$619.40 Gas- Heat & Hot Water $1957 Total Expenses : $4,913.05 Current rent role Cap rate 6.3%
Full Property Details
Full Property Details for 404 Spring St
General
- Price: $239,900
- Taxes: $2,991 (2026)
- Status: Active
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PABK2071514
- Updated: 5/8/2026
- Added to Site: 2 day(s) ago
Rental Information
- Lease Info: Long Term
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Flooring: Carpet, Ceramic Tile, Vinyl, Wood
Exterior
- Porch/Patio/Deck: Balconies- Multiple, Porch(es)
Parking
- Parking Type: On Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: BERKS
- Subdivision: CENTRE PARK HISTOR
- Driving Directions: Centre Ave North Right on Spring on Right between N 4th and Madison.
School Information
- School District: Reading
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Craftsman, Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick, Stone
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Outside Entrance, Interior Access, Poured Concrete, Rear Entrance
- Foundation: Stone
- Walls/Ceilings: Plaster Walls
- Stories/Levels: 3
- Square Feet: 2,264
- Sq. Ft. Source: Assessor
- Living Area: 2,264 Sq. Ft.
- Finished Above Grnd: 2,264 Sq. Ft.
- Year Built: 1910
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- Other Units: Unit 1, Unit 1, Unit 1, Unit 2
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742
- Lot Size Source: Estimated
- Zoning: RES
Financial Considerations
- Price Per Sq. Ft.: $105.96
- School Tax: $1,162
- City/TownTax: $1,245
- City/TownTax Freq: Annually
- County Tax: $584
- County Tax Freq: Annually
- Tax w/Assessment: $64,800
- Tax Amount: $2,991
- Tax Year: 2026
- Owner Pays: Heat, Trash Collection, Water, Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 3685
Listed by Sands & Company Real Estate, William J Sands III
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Schools
Schools serving 404 Spring St
School District:Reading School District
| Name | Grades | Distance |
|---|---|---|
Northwest Middle School 1000 North Front Street, Reading, PA 19601 | 5-8 | 0.4 mi |
Riverside El School 1400 Centre Avenue, Reading, PA 19601 | PK-4 | 0.5 mi |
Reading Senior High School 801 North 13th Street, Reading, PA 19604 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 404 Spring St
Date
Details
Price
Change
Source
5/08/2026
Listed
$239,900
213.47%
MLS
1/30/2015
Sold
$76,530
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 404 Spring St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,759
3%
$64,800
—
2024
$1,716
-39%
$64,800
—
2023
$2,833
—
$64,800
—
2022
$2,833
—
$64,800
—
2021
$2,833
1%
$64,800
—
2020
$2,804
—
$64,800
—
2019
$2,804
—
$64,800
—
2018
$2,804
1%
$64,800
—
2017
$2,786
1%
$64,800
—
2016
$2,752
5%
$64,800
—
2015
$2,623
1%
$64,800
—
2014
$2,591
—
$64,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 404 Spring St
404 Spring Street, Reading, PA 19601 (MLS# PABK2071514) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 404 Spring Street is currently listed for $239,900 and was received on May 08, 2026. Want to learn more about 404 Spring Street? Do you have questions about finding other Townhouse real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.

