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Listing Details
- $890,000
- MLS# 1880736
- Type Multi Unit - Multiple
- Status Pending
Local Information
Listed By
Agency Name: Keller Williams Advisors
Agent Name: Andrew Kroeger
Agency Phone: 513-766-9200
Shown By
Agent Name: Mike Meyer
Agent Phone: Cell: (937) 657-3193
Agency Title: Irongate Inc., Realtors
Home Value Estimate
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.
Features
- Window Unit, Wall Unit
- 0 Fireplace
- Gas, Hot Water
- $12,280 Taxes
- Public
- Built in 1965
Gallery
Listed By
Agency Name: Keller Williams Advisors
Agent Name: Andrew Kroeger
Agency Phone: 513-766-9200
Shown By
Agent Name: Mike Meyer
Agent Phone: Cell: (937) 657-3193
Agency Title: Irongate Inc., Realtors
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