Link Copied
$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size  sqft
Garage Yes
HOA Fees 
Taxes 
Days Active 2
Approx. Age 1951
MLS® Number 1856527

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

MAJOR PRICE IMPROVEMENT: 9481 Reading Rd. Is a well-located 10-unit property in the heart of Cincinnati's Reading neighborhood. The mix of 6 studios, 2 one-bedrooms, and 2 two-bedrooms creates flexibility for renters and steady cash flow for ownership. One unit has been recently updated, giving a head start on value-add improvements. The building is heated by a central boiler and two furnaces, with utilities currently covered by the owneroffering an immediate opportunity to lower expenses by shifting costs through RUBS or separate metering. Additional upside remains through rent growth and continued unit upgrades. Priced at only $62, 250 per door, this is a compelling entry point for investors looking to scale in a strong rental submarket with durable tenant demand.Show Description
MLS® Number1856527
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1951
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatGas, Hot Water
A/CWall Unit
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing