CHARIS REALTY GROUP

828 BINGAMAN STREET

READING, PA 19602

MLS#: PABK2078964

$500,000

Status: Active
Listing number: PABK2078964
Listing provided by: RE/MAX Of Reading
Listing agent phone: None
Last update: a day ago
On site: 12 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

4,000

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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Electric, Natural Gas, Forced Air, Baseboard

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    On Street, Garage

  • Pool

    No

  • Waterfront YN

    NO

  • View

    City

Area & Lot

  • Lot Size(acres)

    0.05

  • Lot Size(square feet)

    2,178

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $500,000

  • Tax Amount

    $1,703

  • Zoning

    Residential

  • Sq. Footage

    4,000

  • Price/SqFt

    $125

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    8606

  • Water Source

    Public

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Location

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BERKS

Elementary School

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Listing Courtesy of Collier Golden, RE/MAX Of Reading

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Agent Patty Smith

Salesperson, Realtor

Patty Smith

Call Patty today to schedule a private showing.

(240) 876-3424

pattysmithsells@gmail.com


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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.

828 BINGAMAN STREET

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