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Listed by Cole Golden • RE/MAX Of Reading
$500,000
Est. payment /mo
2,178 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
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 Mixed Use
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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Nearby School & Business
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