17 Photos

828 Bingaman Street
Reading, PA 19602

$500,000 - Status: ACTIVE
Beds: 0
Baths:
MLS# PABK2078964

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

MLS#: PABK2078964
Zip: 19602
Subdivision:
Development: Reading City
Property Type: Commercial
Basement: Yes
Cooling: None
Fuel Type: Electric, Natural Gas
Heating: Baseboard - Electric, Forced Air
Lot Size: 0.05 acres
Taxes: $1,703
Year Built: 1920

Feature Descriptions

Exterior: Stucco
Location Description: Downtown
Lot Dimensions: 0.05 Acre(S)
Municipality: READING CITY
Sewer: Public Sewer
Special View Info: City
Total Garage/Parking Spaces: 0
Water: Public

Local Schools

School District: READING

828 Bingaman Street | MLS# PABK2078964

This commercial 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 parmellino.lewith-freeman.com today.

Listed By / Shown By

Listed By

Agency Name: RE/MAX Of Reading
Agency Phone: 6106702770

Shown By

Agent Name: Patty Armellino
Agent Phone: (570) 947-8445
Agency Title: Lewith & Freeman

IDX logo

Ask a Question

Ask a Question

AGENT INFORMATION

Lewith & Freeman Patty Armellino (570) 947-8445

Login to My Homefinder