10916 Reading Road
Cincinnati, OH 45241

$1,150,000

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Listing Details

  • $1,150,000
  • MLS# 1869301
  • Type Multi Unit - Multiple
  • Status Active
  • 0.325 acres
    Lot Size
  • 1965
    Year Built
  • Princeton
    Local Schools

Local Information

Listed By

Agency Name: Keller Williams Advisors
Agency Phone: 513-766-9200
Agent Name: Andrew Kroeger

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Shown By

Agent Name: Kate Lee
Agent Phone: Cell: (937) 350-1766
Agency Title: Irongate Inc., Realtors

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Home Value Estimate


Description

10916 Reading Road is a RARE 14-unit Multifamily opportunity in Sharonville, priced to sell at an 8.6% cap rate with strong in-place returns. The property features 11 one-bed units and 3 studios, generating $13,800 in monthly rent at full occupancy. Units include boiler heat and through-the-wall AC, with tenants paying separate electric, and RUBS implemented across all units. The property also offers 14 off-street parking spaces with a newly striped lot. Located next to Sharonville City Hall and across from the Queen City Sports Complex, currently undergoing a major renovation, the asset benefits from a prime location in a supply-constrained...read more

Features

  • Wall Unit
  • 0 Fireplace
  • Gas, Hot Water
  • 2.0 Stories
  • $16,740 Taxes
  • Public
  • Built in 1965

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