Do Real Estate on the Go!
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$890,000
-- Bed
- -- Bath
--sqft
325 Pike St, Reading, OH 45215
$890,000
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Apartment
Built in 1965
$-- HOA
0.24 acre lot
--/sqft
Description
Located adjacent to Reading's Bridal District, this 12-unit multifamily property offers stable cash flow with significant upside potential. The unit mix consists of 11 one-bedroom units and 1 studio. Currently, 11 of 12 units are occupied, with potential gross monthly income of $10,140 at full occupancy. The property features a high-efficiency boiler heating system, window unit AC, and a paved 13-space parking lot. An implemented RUBS program helps offset owner utility expenses. Significant upside remains through rent increases to market rates.
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1965
HOA Fees
-
Finished Area
- sqft
Lot Size
0.24 acre lot
Basement Area
- sqft
MLS Name
Cincinnati MLS
MLS Number
1880736
MLS Status
Pending
Days on Market
36
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