BEDS0
BATHS
SQUARE FEET4,000
MLS#PABK2079148
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLREADING
Property Description
Unique Multi-Property Investment Opportunity – Three Properties on One Deed. This unique investment opportunity includes three separate properties conveyed together on one deed, offering an investor a diverse mix of residential, retail, and garage rental income. The sale includes 828 Bingaman St., 826-A Bingaman St., and 311 Spring Garden St. 828 Bingaman St. features a storefront that was recently leased, a large garage, and a 2-bedroom apartment on the second floor, providing multiple potential income streams within one property. 826-A Bingaman St. includes two residential apartments—one 1-bedroom unit and one 2-bedroom unit. 311 Spring Garden St. includes 7 garages, currently rented to 4 individuals at $75 per month, providing established income with relatively straightforward management. Combined, the three properties offer an investor a variety of rental uses and diversified sources of income across multiple buildings. Total gross income could be approximately $66,000 annually, providing strong opportunities to maintain existing income while exploring future rental and value-enhancement opportunities.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Fuel Type: Electric, Natural Gas
Heating: Baseboard - Electric, Forced Air
Home Style: Traditional
Lot Size: 0.05 Acres
Taxes: $1,703
Year Built: 1920
Feature Descriptions
Additional Structures: Above Grade
Days on Site: 13
Exterior: Stucco
Location: Downtown
Lot Dimensions: 0.05 Acre(S)
Municipality: READING CITY
Sewer: Public Sewer
Special View Info: City
Structure Type: Interior Row/Townhouse
Studio Efficiency Units: 1
Two Bedroom Units: 2
Units: 4
Water: Public
Local Schools
School District: READING
Listed By / Shown By
Listed By
Agency Name: RE/MAX Of Reading
Agency Phone: 6106702770
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 1,400.53 per month $1,112.78 Principal & Interest $141.92 Property Tax $145.83 Homeowner's InsuranceChange Payment Information
828 Bingaman Street | MLS# PABK2079148
This multi-family property located at 828 Bingaman Street, Reading, PA 19602 is currently listed for sale with an asking price of $500,000. Bingaman Street is located within the READING school district. Search Reading real estate on www.realtymark.net today.