Sherry Sullivan
BEDS0
BATHS
MLS#1880736
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLReading Community Ci
Property 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 Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Window Unit, Wall Unit
Fireplaces: 0
Garage: 12
Heating: Gas, Hot Water
Lot Size: 0.24 Acres
Roof Type: Membrane
Taxes: $12,280
Year Built: 1965
Feature Descriptions
Exterior: Brick
Fireplace Features: None
Foundation: Slab
Gas: Natural
Parcel #: 671-0005-0216-00
Parking: Lot, Concrete, Off Street, Onstreet
Sewer: Public Sewer
Total Buildings: 1
Units: 12
Water: Public
Window Features: Vinyl
Local Schools
School District: Reading Community Ci
Listed By / Shown By
Listed By
Agency Name: Keller Williams Advisors
Agent Name: Andrew Kroeger
Agency Phone: 513-766-9200
Shown By
Agent Name: Sherry Sullivan
Agent Phone: (419) 889-0523
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 6,261.32 per month $4,978.41 Principal & Interest $1,023.33 Property Tax $259.58 Homeowner's InsuranceChange Payment Information
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Agency License Information: 1-877-539-7589 | Ohio Lic# REC.2010002888 6800 W Central Ave #B, Toledo, OH 43617 | Michigan Lic# 6505366134 8040 Summerfield Rd, Lambertville, MI 48144 | Indiana Lic# RC52400106 3029 W Smith Valley Rd #211, Greenwood, IN 46142 | West Virginia LIC# 010306 Erin Rickman, Broker. 410 Market St #3, Parkersburg, WV, 26101 | Colorado LIC# EC.100108419 603 Rood Ave, Grand Junction, CO 81501 | Nevada LIC# B.0146350.LLC 9190 Double Diamond Pwky, Reno, NV 89521 | Florida LIC# CQ1073507 16638 Mooner Plank Cir, Wimauma, FL 33598
Agent License Information: Brokerage/Company License Number: REC.2010002888
325 Pike Street | MLS# 1880736
This multi-family property located at 325 Pike Street, Reading, OH 45215 is currently listed for sale with an asking price of $890,000. Pike Street is located within the Reading Community Ci school district. Search Reading real estate on sherrysullivan.ikeyrealty.com today.