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$805,000 Sold

9495 Reading Road, Reading, OH 45215

lot
Residential Income
Built in 1927
13 days on market
MLS# 1856538

About this home

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.

Facts & features

Property

Property Type
Residential Income
Year Built
1927

Listing details

Price
$805,000
Status
Sold
Days on Market
13
MLS Number
1856538
Listing Agent
Andrew Kroeger
Brokerage
Keller Williams Advisors

Features

Style
Apartment
Basement
Partial
Heating
Natural Gas, Hot Water
Cooling
Window Unit(s)
Roof
Shingle, Membrane
Sewer
Public Sewer
Water
Public

Location

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