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Listed by Cole Golden • RE/MAX Of Reading
$ 470,000
Est. payment | /mo
2,178 Sqft Lot
$ 470,000
Est. payment | /mo
2,178 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PABK2078964
Year Built 1920
Annual Tax Amount $1,703
Tax Year 2026
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Five Or More Units
Source BRIGHT
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.
Location
State PA
County Berks
Area Reading City (10201)
Zoning R-3 RESIDENTIAL
Interior
Hot Water Natural Gas
Heating Baseboard - Electric, Forced Air
Cooling None
Heat Source Electric, Natural Gas
Exterior
Water Access N
View City
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Reading
Others
Tax ID 02-5306-36-98-8606
Ownership Fee Simple
Special Listing Condition Standard
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Martin Dunlap Jr
Agent License ID: 2081154