Exceptional opportunity to own a well-positioned three-unit residential building offering strong investment potential. This multi-unit property provides three separate living spaces, creating an attractive opportunity for an investor seeking rental income and long-term value. The property offers flexibility for a variety of investment strategies, including maintaining it as a fully income-producing asset or utilizing one unit for personal use while generating rental income from the remaining units. With its three-unit configuration and income-producing potential, this property presents an excellent addition to an established or growing real-estate portfolio. A property with considerable potential and an opportunity worth exploring for investors seeking a solid multi-unit asset.
For sale
Price cut: $25.1K (10/7)
$349,900
1642 Mineral Spring Rd, Reading, PA 19602
4beds
3baths
2,538sqft
Townhouse
Built in 1905
-- sqft lot
$-- Zestimate®
$138/sqft
$-- HOA
What's special
Three-unit residential buildingThree separate living spaces
- 12 days
- 448
- 26
Zillow last checked:
Listing updated:
Listed by:
William Roman 610-779-2500,
Century 21 Gold 6107792500
Source: Bright MLS,MLS#: PABK2078652
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Basement
- Area: 0
Heating
- Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,538
- Total interior livable area: 2,538 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,178 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 16531606483962
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Stone
- Foundation: Permanent
- Roof: Shingle
Condition
- Very Good
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Hessian Camp
Location
- Region: Reading
- Municipality: READING CITY
Financial & listing details
- Price per square foot: $138/sqft
- Tax assessed value: $62,800
- Annual tax amount: $2,899
- Date on market: 9/28/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: All Appliances
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,351/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Price change | $349,900-6.7%$138/sqft |
Source:  Bright MLS #PABK2078652 Report a problem | ||
| 9/28/2026 | Listed for sale | $375,000+39.4%$148/sqft |
Source: Bright MLS #PABK2078652 Report a problem | ||
| 10/24/2025 | Sold | $269,000+1.5%$106/sqft |
Source: Bright MLS #PABK2060586 Report a problem | ||
| 9/19/2025 | Pending sale | $264,900$104/sqft |
Source: Bright MLS #PABK2060586 Report a problem | ||
| 9/17/2025 | Contingent | $264,900$104/sqft |
Source: Bright MLS #PABK2060586 Report a problem | ||
| 9/17/2025 | Listing removed | $264,900$104/sqft |
Source: Bright MLS #PABK2060586 Report a problem | ||
| 9/13/2025 | Listed for sale | $264,900+6%$104/sqft |
Source: Bright MLS #PABK2060586 Report a problem | ||
| 7/5/2024 | Sold | $250,000+4.2%$99/sqft |
Source: Bright MLS #PABK2043562 Report a problem | ||
| 6/3/2024 | Pending sale | $239,900$95/sqft |
Source: Bright MLS #PABK2043562 Report a problem | ||
| 5/28/2024 | Listed for sale | $239,900$95/sqft |
Source: Bright MLS #PABK2043562 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,831 +1.5% | $62,800 |
| 2024 | $2,789 +1.6% | $62,800 |
| 2023 | $2,745 | $62,800 |
| 2022 | $2,745 | $62,800 |
| 2021 | $2,745 +1% | $62,800 |
| 2020 | $2,718 | $62,800 |
| 2019 | $2,718 | $62,800 |
| 2018 | $2,718 +0.7% | $62,800 |
| 2017 | $2,700 +75% | $62,800 |
| 2016 | $1,542 +8.7% | $62,800 |
| 2015 | $1,419 | $62,800 |
| 2014 | -- | $62,800 |
| 2013 | -- | $62,800 |
| 2012 | -- | $62,800 |
| 2011 | -- | $62,800 |
| 2010 | -- | $62,800 |
| 2009 | -- | $62,800 |
| 2008 | -- | $62,800 |
| 2007 | -- | $62,800 |
| 2006 | -- | $62,800 |
| 2005 | -- | $62,800 |
| 2004 | -- | $62,800 |
| 2003 | -- | $62,800 |
| 2002 | -- | $62,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 19602
Nearby schools
Schools provided by the listing agent
- District: Reading
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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