9495 Reading Rd. offers a 14-unit multifamily investment in the centrally located Reading neighborhood of Cincinnati. The property consists of a 12-unit building and a duplex, featuring a unit mix of 1 studio, 11 one-bedrooms, a two-bedroom, and a three-bedroom. With 13 of the 14 units currently occupied and grossing $9,175 per month, this asset provides immediate income with room for growth. The 12-unit building is heated by a central boiler system, while all units are separately metered for electric.
This is a value-add opportunity with a clear path to increased returns through rent bumps and the implementation of RUBS. The proforma rent potential is $13,450 per month, representing significant upside at the current price of $67,000 per door. 9495 Reading Rd. is well-positioned for investors looking to scale their portfolio in a stable, infill submarket with strong rental demand.