Average square foot calculated using Size range provided by listing agent.
Description
9481 Reading Rd. Is a 10-unit multifamily asset located in the desirable Reading neighborhood of Cincinnati. The property features a unit mix of 6 studios, 2 one-bedrooms, and 2 two-bedrooms, catering to a wide range of renters. Heating is provided by a central boiler and two furnaces, all paid by the owner, offering a clear opportunity to improve operating expenses. This opportunity presents multiple value-add angles, including rent increases, implementing RUBS, and separately metering the furnaces to shift utility costs to tenants. At $65, 000 per door, the property is competitively priced with operational upside. 9481 Reading Rd. Is ideal for investors looking to grow their portfolio in a strong rental submarket with reliable tenant demand.Show Description
MLS® Number1850272
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
Get notified of price or status changes by saving this listing