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$289,900

7169 Reading Road, Cincinnati, OH 45237

3,622 sqft
Residential Income
Built in 1939
0.21 acres
0 days on market
MLS# 1893560
$80/sqft

About this home

Solid brick quad in a strong rental market. At over 3,622 sqft, this is a big building. Four spacious units with 3 of 4 currently occupied and clear upside to push rents to market on turnover. Boiler was replaced 2-3 years ago, HWH 2023, and parking in the back has fresh new blacktop, so three of the biggest capex items are already handled. Owner currently covers water, common area electric, and tenant heat. Tenants already paying their own electric giving the new owner a clear opportunity to implement a RUBS system and boost NOI by billing back those owner-paid utilities. Strong in-place cash flow with a clean path to increase returns. Priced to sell in its current condition. Sold as is.

Facts & features

Interior

Square Feet
3,622

Property

Property Type
Residential Income
Year Built
1939
Lot Size
0.21 acres

Listing details

Price
$289,900
Status
Active
Days on Market
0
MLS Number
1893560
Listing Agent
Marco Fiore
Brokerage
eXp Realty

Features

Style
Multi Family
Basement
Full
Garage Spaces
4
Heating
Electric
Cooling
Window Unit(s)
Roof
Shingle
Sewer
Public Sewer
Water
Public

Location

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