Residential Income in Cincinnati

$284,900

Reading, 45237, Cincinnati, OH

Residential Income for sale in Cincinnati, Reading, 45237, 3622 m²

Reading, 45237, Cincinnati, OH

$284,900

3622m²
Type: Residential Income

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.

Agent Information

Location

Reading, 45237, Cincinnati, OH

Data

Object TypeResidential Income
Purchase Price$284,900
Living Space3622 m²
Plot Size833.62 m²
BathroomsN/A
Construction Year1939
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeElectric
Primary Energy SourceN/A
Construction Year1939
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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