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$1,150,000 Sold
10916 Reading Road, Cincinnati, OH 45241
About this home
10916 Reading Road is a RARE 14-unit Multifamily opportunity in Sharonville, priced to sell at an 8.6% cap rate with strong in-place returns. The property features 11 one-bed units and 3 studios, generating $13,800 in monthly rent at full occupancy. Units include boiler heat and through-the-wall AC, with tenants paying separate electric, and RUBS implemented across all units. The property also offers 14 off-street parking spaces with a newly striped lot. Located next to Sharonville City Hall and across from the Queen City Sports Complex, currently undergoing a major renovation, the asset benefits from a prime location in a supply-constrained submarket.
Facts & features
Property
- Property Type
- Residential Income
- Year Built
- 1965
- Lot Size
- 0.33 acres
Listing details
- Price
- $1,150,000
- Status
- Sold
- Days on Market
- 11
- MLS Number
- 1869301
- Listing Agent
- Andrew Kroeger
- Brokerage
- Keller Williams Advisors
Features
- Style
- Apartment
- Basement
- Partial
- Heating
- Natural Gas, Hot Water
- Cooling
- Wall Unit
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
Location
Cincinnati, OH 45241
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