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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 1856538
Year Built 1927
Property Sub-Type Apartment
Source Cincinnati Multiple Listing Service
Property Description
HIGHEST AND BEST OFFERS DUE THURSDAY-OCT 2 at 12PM. Price Improvement! 9495 Reading Rd. offers a 14-unit multifamily investment in the centrally located Reading neighborhood of Cincinnati. The property includes a 12-unit building and a duplex with a mix of 1 studio, 11 one-bedrooms, 1 two-bedroom, and 1 three-bedroom. The last vacant unit was fully renovated, ensuring all units are rent-ready. The 12-unit building is heated by a central boiler system, while all units are separately metered for electric. At pro forma, the property can generate $13,750 per month, equating to just $62,250 per door. Well-positioned in a stable submarket with strong rental demand, 9495 Reading Rd. is an ideal addition for investors looking to scale their portfolio.
Location
State OH
County Hamilton
Area Hamilton-E03
Rooms
Basement Partial
Interior
Heating Gas, Hot Water
Cooling Window Unit
Fireplaces Type None
Window Features Aluminum
Exterior
Parking Features None
View Y/N No
Water Access Desc Public
Roof Type Shingle,Membrane
Building
Foundation Poured
Sewer Public Sewer
Water Public
Level or Stories Three
New Construction No
Schools
School District Reading Community Ci
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Listed by Keller Williams Advisors
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