$890,000

Apartment Reading

  • 10,586 Sqft lot
  • Updated: Today
  • MLS#1880736

About the Property

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-
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 type

    Apartment

  • Year built

    1965

Features

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325 Pike Street, Reading, OH 45215, Cincinnati, Ohio, United States View on Google Maps
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Drew Kroeger

Joined 4 years ago
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Drew Kroeger
United States
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6
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2025
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Keller Williams Advisors Realty
Keller Williams Advisors Realty
2101 Grandin Rd., Apt. B, 45226, Cincinnati, United States
View agency profile
Last updated
Today
First listed
Jun 5
Agent licence
#2022007696
Listing reference
2122902212517414
Listing status
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