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828 Bingaman Street, Reading, PA 19602

$500,000
  • 828 Bingaman Street, Reading, PA 19602 Main Photo

18 Photos

ACTIVE
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.

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.duffyrealestate.com today.

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: 12
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: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655

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Estimated Payment

$ 2,685.95 per month $2,398.20 Principal & Interest $141.92 Property Tax $145.83 Homeowner's Insurance

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