404 Spring St, Reading, PA 19601 | Pending

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Off-Market Call for Pricing

Call for Pricing
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • 2,264 Sq Ft
  • 1,742 Sq Ft

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%

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $239,900
Property Type Duplex (2-units)
Usable Sqft 2,264
Number of Stories 3 stories
Parking Spots 0 spots
Year Built 1910
Last Sold Unknown
Sold Price Unknown
APN # 14530750753685
MLS # PABK2071514
Property ID 294761257
Lot Sqft 1,742
Zoning RES
Total Units 2
Days on Market 17
Original List Price Unknown
Date Updated May 10, 2026
Date Created May 07, 2026
Unit # Beds Baths Current Rent Proforma Rent
Unit #1 $19,500 $0
Net Income (Yr) $ 14,587

Listing Provided By

William J Sands III an agent of . Lic #RM052104A


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Data last updated: May 24, 2026.
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