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3636 Reading Rd 4 Unit Apartment Building $487,071 CAD ($121,768 CAD/Unit) 7.42% Cap Rate Cincinnati, OH 45229
Executive Summary
Stabilized four family in the heart of Avondale! New windows, new electric, new plumbing, new flooring, new kitchens/bathrooms (2020), and new sewer line (2023)! Next to recreation center and on bus line! Unit mix: Two 1bdrm's ($825), One 2bdrm ($1,100), One 3bdrm ($1,325). Currently 75% occupied!
Property Facts
| Price | $487,071 CAD | Building Class | C |
| Price Per Unit | $121,768 CAD | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 3,752 SF |
| Cap Rate | 7.42% | Average Occupancy | 75% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1900/2020 |
| Property Subtype | Apartment | ||
| Zoning | MF - Multifamily | ||
| Price | $487,071 CAD |
| Price Per Unit | $121,768 CAD |
| Sale Type | Investment |
| Cap Rate | 7.42% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 3,752 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2020 |
| Zoning | MF - Multifamily |
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Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 108-0004-0010 | Improvements Assessment | $56,252 CAD |
| Land Assessment | $1,231 CAD | Total Assessment | $57,483 CAD |
Property Taxes
Parcel Number
108-0004-0010
Land Assessment
$1,231 CAD
Improvements Assessment
$56,252 CAD
Total Assessment
$57,483 CAD
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3636 Reading Rd
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