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9481 Reading Road, Reading, OH 45215

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For Sale

$622,500

0.23 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Apartment
    Property type

  • Newly Listed
    Time on Century 21

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

MAJOR PRICE IMPROVEMENT: 9481 Reading Rd. is a well-located 10-unit property in the heart of Cincinnati's Reading neighborhood. The mix of 6 studios, 2 one-bedrooms, and 2 two-bedrooms creates flexibility for renters and steady cash flow for ownership. One unit has been recently updated, giving a head start on value-add improvements. The building is heated by a central boiler and two furnaces, with utilities currently covered by the owneroffering an immediate opportunity to lower expenses by shifting costs through RUBS or separate metering. Additional upside remains through rent growth and continued unit upgrades. Priced at only $62,250 per door, this is a compelling entry point for investors looking to scale in a strong rental submarket with durable tenant demand.
MLS# 1856527

Courtesy Of Keller Williams Advisors Realty

(513) 766-9200

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Fireplace
    Fireplace
  • Lot Size
    0.23 Acres

Map and Directions

Directions to 9481 Reading Road, Reading, OH 45215

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CENTURY 21 Premiere Properties

(513) 779-9999
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.