404 SPRING ST, Reading, PA 19601

• 2,264 sqft

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%

Listing Status:

Active

Date Added:

May 8, 2026

Data Last Updated:

May 8, 2026 at 8:18PM

Listing Office:

Sands & Company Real Estate : 6103769999

Listing Agent:

William J Sands III : 6103769999

MLS ID:

PABK2071514

Interior

• Basement: Outside entranceInterior accessPoured concreteRear entrance
• Flooring: CarpetCeramic tileVinylWood
• A/C: None
• Heating: Forced AirNatural Gas
• Fireplace: FireplaceFireplaces: 1
• Disability Feature: None

Exterior

• General: Above Grade
• Style: CraftsmanTraditional
• Other Structures: PorchBalconies- Multiple

Construction

• General: BrickStoneStone

Location

• Originating MLS: BRIGHT_MAIN
• School District: READING
• County: BERKS-PA

Lot

• Zoning: RES14-5307-50-75-3685

Utilities

• Utilities: 100 amp serviceCircuit breakers
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN