127 Spring St
Reading, PA 19601
- Studio
- 3,283 sqft
Studio
3,283 sqft
Local Information
-- mins to
Description
Attention Investors & owner occupants! Very large Queen Anne Historic District stone & brick Queen Anne Victorian end of row 4 Unit in very good condition. All units have electric baseboard heat. 3 Units have gas cooking and 1 with electric cooking. One gas hot water heater for the entire building is paid for the owner. Unit 1st floor has 5 rooms, 3 BRS, Liv, Kit, Bath, electric cooking, rented for $950 a month on a M/M basis. Unit 2 - 2nd floor front has 4 rooms, 1 BR, living room, dining room, kitchen, bath, gas cooking, rented for $700 a month on a M/M basis. Unit 3 - 2nd floor rear is an efficiency, 2 rooms, Br, kit, bath, gas cooking, rented for $625 a month on a M/M basis. Unit 4 - 3rd floor has 3 rooms, 1 BR, liv, kit, bath, gas cooking, rented for $775 a month on a one year lease by a new tenant in 11/1/21. Rubber roofs. 200 AMP electric main with 100 AMP individual breaker panels. Replacement windows. Hardwood floors. Many updates throughout! Great curb appeal! Total income: $37,200. Expenses: $8,082. Net income: $29,118. Expenses breakdown: Taxes: $2,479. Insurance: $1,691. W/S: $2514. Electric: $803. Gas: $495. Cap Rate: 11%. This beauty is a solid investment located in a very nice neighborhood next to the Children's Home of Reading is a must for your real estate portfolio! Owner occupants choose your unit and live for free.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 127 Spring St
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Heating & Cooling Heating: Other, OtherCooling System: CentralHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 3 |
Interior Details AtticNumber of Rooms: 14 |
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Year Built Year Built: 1910 |
Property Type / Style Property Type: Multi Family |
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Exterior Home Features Exterior: Brick |
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Units in Building: 1 |
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Lot Area: 1742 sqft |
Price History for 127 Spring St
| Date | Price | Event | Source |
|---|---|---|---|
| 01/11/2022 | $282,000 | Sold | Bright MLS #PABK2006478 |
| 11/23/2021 | $282,000 | Pending | Bright MLS #PABK2006478 |
| 11/14/2021 | $270,000 | Listed For Sale | Bright MLS #PABK2006478 |
| 09/09/2020 | $160,000 | Sold | N/A |
| 08/10/2020 | $160,000 | Pending | Agent Provided |
| 08/10/2020 | $160,000 | Listed For Sale | Agent Provided |
| 12/12/2012 | $85,000 | Sold | N/A |
| 06/20/2012 | $109,900 | Listed For Sale | Agent Provided |
| 05/10/2001 | $67,900 | Sold | N/A |
Market trends in Reading
Last updated May 2026
Avg. sale price
$233K
$7.94KMoM
Sale-to-List Price
100.3%
0.3%MoM
Price per sq ft
$154
$5MoM
Available listings
334
14MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,556 |
| Assessment | $56,700 |
Home facts updated by county records
Comparable Sales for 127 Spring St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Multi-Family Home | $270,000 | 05/15/26 | 4 | - | 3,180 | |
0.28 | Multi-Family Home | $250,000 | 06/09/26 | 6 | 2 | 2,264 | |
0.32 | Multi-Family Home | $275,000 | 12/04/25 | 6 | 2 | 2,908 | |
0.33 | Multi-Family Home | $350,000 | 04/09/26 | 5 | - | 3,481 | |
0.35 | Multi-Family Home | $260,000 | 09/24/25 | 4 | - | 2,101 | |
0.25 | Multi-Family Home | $225,000 | 04/17/26 | 3 | 2 | 1,641 | |
0.29 | Multi-Family Home | $217,000 | 03/30/26 | 4 | 2 | 1,918 | |
0.24 | Multi-Family Home | $200,000 | 05/22/26 | 5 | 4 | 3,422 | |
0.42 | Multi-Family Home | $252,500 | 05/22/26 | 6 | 2 | 2,456 | |
0.32 | Multi-Family Home | $237,000 | 03/31/26 | 4 | - | 2,614 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 127 Spring St.
What Locals Say about Reading
At least 1992 Trulia users voted on each feature.
81 % Say there are sidewalks
78 % Say car is needed
75 % Say it's dog friendly
73 % Say yards are well-kept
69 % Say there's holiday spirit
67 % Say kids play outside
58 % Say it's walkable to grocery stores
53 % Say streets are well-lit
53 % Say parking is easy
51 % Say people would walk alone at night
48 % Say it's walkable to restaurants
48 % Say they plan to stay for at least 5 years
48 % Say neighbors are friendly
46 % Say it's quiet
43 % Say there's wildlife
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Homes for sale near 127 Spring St
Off Market Homes Near 127 Spring St
127 Spring St, Reading, PA 19601 is a studio, 3,283 sqft multi-family built in 1910. This property is not currently available for sale. 127 Spring St was last sold on Jan 11, 2022 for $282,000.

