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Joey Sandlin

sandlinrealtors@gmail.com +1(740) 222-5193

$ 289,900

Est. payment -/mo

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7169 Reading Rd Cincinnati, OH 45237

3,622 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Fam 2-4 units

Listing Status Active

Purchase Type For Sale

Square Footage 3,622 sqft

Price per Sqft $80

MLS Listing ID 1893560

Year Built 1939

Lot Size 8,973 Sqft

Property Sub-Type Multi Fam 2-4 units

Source Cincinnati Multiple Listing Service

Property 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. Priced to sell in its current condition. Sold as is.

Location

State OH

County Hamilton

Area Hamilton-E02

Rooms

Basement Full

Interior

Heating Electric

Cooling Window Unit

Fireplaces Type Brick

Window Features Vinyl

Exterior

Parking Features None

Garage Spaces 4.0

Garage Description 4.0

View Y/N No

Water Access Desc Public

Roof Type Shingle

Building

Foundation Stone

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Cincinnati City Sd

Listed by eXp Realty

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