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$805,000 Sold
9495 Reading Road, Reading, OH 45215
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
Reading, OH 45215