min grana
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7169 Reading Road
Cincinnati, OH 45237

$289,900

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Listing Details

  • $289,900
  • MLS# 1893560
  • Type Multi Unit - Multiple
  • Status Active
  • 3,622
    Square Feet
  • 0.206 acres
    Lot Size
  • 1939
    Year Built
  • Cincinnati
    Local Schools

Local Information

Listed By

Agency Name: eXp Realty
Agent Name: Marco Fiore
Agency Phone: 8662124991

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Shown By

Agent Name: min grana
Agent Phone: (937) 545-1162
Agency Title: Irongate Inc., Realtors

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Home Value Estimate


Description

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....read more

Features

  • Window Unit
  • 0 Fireplace
  • Electric
  • 2.0 Stories
  • $5,472 Taxes
  • Public
  • Built in 1939

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