325 Pike St - Apartments FOR SALE


Reading, OH 45215
$949,500 USD
513-935-0021
325 Pike St, Reading, OH for Sale
$949,500 USD
Apartments - FOR SALE
1/33
null | Request Cap Rate

325 Pike St
Reading, OH 45215


HIGHLIGHTS

  • Prime Location: Situated in Reading, right next to the Bridal District.
  • Income Growth Potential: Room to increase rents and implement a utility bill-back fee.
  • Surface Lot Parking: 13 dedicated parking spaces, plus street parking.
  • Tenant-Paid Utilities: Separate electric, reducing owner expenses.

OVERVIEW

12-unit property in Reading, located right next to the Bridal District. This solidly built building features a rubber roof, boiler heat, and separate electric. The unit mix includes 11 one-bedrooms and 1 studio, with room to increase rents across the board. Three vacancies offer immediate upside potential. The property includes a paved parking lot with 13 spaces, plus additional street parking. A turnkey investment opportunity with strong rental demand and value-add potential.

FOR SALE DETAILS

PRICE

$949,500 USD

PRICE/SF

$87 USD /SF

# OF UNITS

12

PRICE/UNIT

$79,125

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BRIDAL DISTRICT 12-UNIT IN READING

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,792 SF

ZONING

-

APN/PARCEL ID

671-0005-0216

ASK ABOUT THIS PROPERTY

Adam CurryKeller Williams Advisors RealtyMore Info
513-935-0021

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Adam CurryKeller Williams Advisors RealtyMore Info
513-935-0021

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.