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7169 Reading Road

Cincinnati OH 45237

8
3622 sq. ft.
8973 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

8 carspaces
4 open car spaces
4 garage spaces
3622 sq. ft. floor area
8973 sq. ft. lot size
Multi-Family

Happy sellers in Cincinnati

92%
92% of sellers in Cincinnati reported that their sale price either exceeded or met their price expectations.

Cincinnati stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Cincinnati over the last 12 months.

Local market activity for multi families in Cincinnati

In the last 12 months, 30 multi families similar to 7169 Reading Road, have been sold.

This represents a 18% increase in multi families sales when compared to the previous 12 months.

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(619) 566-0008
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