2201 Reading Road,Cincinnati, OH 45202
Cincinnati, OH 45202
Description
Six residences. One exceptional investment opportunity. Urban Crossing presents a rare opportunity to acquire an established, fully furnished rental property in the heart of Cincinnati. Six thoughtfully appointed residences each offer an approximately 850 SF, 2-bedroom, 1-bath floor plan, creating a consistent and highly desirable unit mix. Offered furnished with furniture, decor, housewares and FF&E associated with the existing operation, subject to agreed inventory. A proven short-term and extended-stay rental with documented trailing 12-month income of $155,704 and existing forward reservations, including extended stays. Ideally positioned with convenient access to Downtown, OTR, Uptown, UC and Cincinnati's major medical and employment centers. A distinctive opportunity to acquire a turnkey multifamily asset with established operating history, furnishings in place and immediate income-producing potential.
Details
| MLS # | 1894047 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1928 |
| Days On Site | 24 |
| Listing Provided By | Comey & Shepherd | Tim Roberts |
Features
| SQ Feet | 860 |
|---|---|
| Basement | Y |
| Story(s) | 3 |
| Units | 6 |
| Building(s) | 1 |
| Acreage | 0.10 |
Interior
| Rooms Total | 0 |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Window Features | Vinyl |
| Fireplace Features | None |
| Fireplaces Total | 0 |
Exterior
| Roof | Composition |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Poured |
Parking
| Parking Features | Off Street, Onstreet |
|---|---|
| Open Parking Spaces | 0 |
Utilities
| Sewer | Public Sewer |
|---|---|
| Gas | Natural |
Area Information
| State | OH |
|---|---|
| County | Hamilton |
| City | Cincinnati |
| Zip Code | 45202 |
| Area | Hamilton E01 |
| Subarea | Hamilton E01 |
| Community Name | Mt. Auburn |
| School District | Cincinnati City SD |
| High School | Cincinnati City SD |
| Listing VS Median (in Mt. Auburn) | |
Price: $1,150,000 low | high Med: $405,000 sqft: 860 low | high Med: 1,533 $ / sqft: $1,337 low | high Med: $264 On site: 24 low | high Med: 41 | |
Market Activity 45202
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| State | OH |
|---|---|
| County | Hamilton |
| City | Cincinnati |
| Zip Code | 45202 |
| Area | Hamilton E01 |
| Subarea | Hamilton E01 |
| Community Name | Mt. Auburn |
| School District | Cincinnati City SD |
| High School | Cincinnati City SD |
| Listing VS Median (in Mt. Auburn) | |
Price: $1,150,000 low | high Med: $405,000 sqft: 860 low | high Med: 1,533 $ / sqft: $1,337 low | high Med: $264 On site: 24 low | high Med: 41 | |