$250,000
SOLD JUN 9, 2026
Studio
-- Bath
2,264 Sq Ft
1,742 Sq Ft Lot

Sale Details

Date Sold: June 9, 2026

$110 Per Sq Ft

4% Above List Price

2 Days on Market

Highlights

  • Craftsman Architecture
  • 1 Fireplace
  • Porch
  • Wood Flooring
  • Multiple Balconies
  • 4-minute walk to Centre Park

About This Home

As of June 2026

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%

Last Agent to Sell the Property

The Sands Team

(610) 376-9999 sands@parealestate.com Sands & Company Real Estate Brokerage Phone: 6103769999 License #RM052104A Listed on: 05/08/2026

Last Buyer's Agent

Jose Espinal Gil

(610) 484-8663 nelsongamezrealtor@gmail.com Realty One Group Alliance License #RS360737

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,991

Year Built

  • Built in 1910

Lot Details

  • 1,742 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Craftsman Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Poured Concrete
  • Plaster Walls
  • Stone Siding

Interior Spaces

  • 2,264 Sq Ft Home
  • 1 Fireplace
  • Basement
  • Interior and Exterior Basement Entry

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Multiple Balconies
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for heat, trash collection, water, sewer
  • Tax Lot 3685
  • Assessor Parcel Number 14-5307-50-75-3685

Community Details

Overview

  • 2 Units
  • 3-Story Building
  • Centre Park Histor Subdivision

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,628
  • Net Operating Income $14,587

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,991

Year Built

Built in 1910

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Craftsman, Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 5/8/2026 12:00:00 AM
  • Year Built: 1910
  • Automatically Close On Close Date: Yes
  • Building Winterized: No
  • Special Features: None

Interior Features

  • Flooring Type: Carpet, Ceramic Tile, Vinyl, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Outside Entrance, Interior Access, Poured Concrete, Rear Entrance
  • Total Sq Ft: 2264
  • Living Area Sq Ft: 2264
  • Price Per Sq Ft: 105.96
  • Above Grade Finished Sq Ft: 2264
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick, Stone
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Association Recreation Fee: No

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.40
  • Outdoor Living Structures: Balconies- Multiple, Porch(es)
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Existing Lease Type: Long Term
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Heat, Trash Collection, Water, Sewer
  • Total Actual Rent: 19500.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • School Tax: 1162.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 2991.00
  • Assessor Parcel Number: 14-5307-50-75-3685
  • Tax Lot: 3685
  • County Tax Payment Frequency: Annually
  • Tax Year: 2026

Multi Family

  • Gross Income: 19500.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 1,Unit 1,Unit 2

MLS Schools

  • School District Name: READING

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2026
Closed on
Jun 19, 2026
Sold by
Bought by
Seller's Agent
The Sands Team
Sands & Company Real Estate
Buyer's Agent
Jose Espinal Gil
Realty One Group Alliance
List Price
$239,900
Sold Price
$250,000
Premium/Discount to List
$10,100
4.21%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0637%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2014
Closed on
Jan 30, 2015
Sold by
Bought by
Seller's Agent
ELLY C. SALAMO
RE/MAX Of Reading
Buyer's Agent
Justin Mancias
Keller Williams Platinum Realty - Wyomissing
List Price
$83,000
Sold Price
$76,530
Premium/Discount to List
-$6,470
-7.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$57,397
Interest Rate
0.0381%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 1998
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $250,000 Golden Gate Settlement Group L
Deed $76,530 None Available
Deed $53,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Previous Owner $57,397 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2026 06/09/26 Sold $250,000 +4.2% $110 / Sq Ft
05/10/2026 05/10/26 Pending -- -- --
05/08/2026 05/08/26 For Sale $239,900 0.0% $106 / Sq Ft
05/04/2026 05/04/26 Price Changed $239,900 +213.5% $106 / Sq Ft
01/30/2015 01/30/15 Sold $76,530 -7.8% $34 / Sq Ft View Prior Sale
01/05/2015 01/05/15 Pending -- -- --
09/18/2014 09/18/14 For Sale $83,000 -- $37 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,829 $64,800 $9,600 $55,200
2025 $1,759 $64,800 $9,600 $55,200
2024 $2,877 $64,800 $9,600 $55,200
2023 $2,833 $64,800 $9,600 $55,200
2022 $2,833 $64,800 $9,600 $55,200
2021 $2,833 $64,800 $9,600 $55,200
2020 $2,804 $64,800 $9,600 $55,200
2019 $2,804 $64,800 $9,600 $55,200
2018 $2,804 $64,800 $9,600 $55,200
2017 $2,786 $64,800 $9,600 $55,200
2016 $1,591 $64,800 $9,600 $55,200
2015 $1,591 $64,800 $9,600 $55,200
2014 $1,464 $64,800 $9,600 $55,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: PABK2071514

Bright MLS

APN: 5307-50-75-3685

Your Personal Tour Guide

Ask me questions while you tour the home.