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11006 Reading Rd

Cincinnati, OH 45241
  • $599,000
  • STATUS: Active
  • ON SITE: 73 Days
  • MLS #: 1777586
UPDATED: 21 min ago
$599,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 7,380
    SQFT
  • $81
    $/SQFT
Type:
Commercial
Built:
1842
County:

School Ratings & Info

School District:
MLS of Greater Cincinnati logo

Description

Fabulous opportunity to own the historic 12 Mile House. Stunning architecture + strong history of a steady NOI. Suites remodeled in 2019. Updated electrical. 42K in improvements 2020-2021. New windows, new heat pump, sealed roof, secure access + tuck pointing for property preservation. $4650/mo rent, 38,748 NOI, 6.46% Cap. Minimal turnover + low R&M expenses. Parking lot conveys. Walkable to wonderful restaurants/coffee shop. Convenient to 75, 71 and 275. Truly a gem.

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MLS of Greater Cincinnati logo The data relating to real estate for sale on this website comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than Apex Group | Keller Williams are marked with the Broker Reciprocity™ logo (the small black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Apex Group | Keller Williams. Data last updated 2023-09-22T07:13:37.247.
www.searchnorthernkentucky.com/homes/141353054
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11006 Reading Rd Cincinnati, OH 45241

  • Price: $599,000
  • Status: Active
  • On Site: 73 Days
  • Updated: 21 min ago
  • MLS #: 1777586
0
Beds
5
Baths
0
½ Baths
0.42
Acres
7,380
SQFT
$81
$/SQFT
1842
Built
County:
Hamilton
School District:
Princeton City
Property Description
Fabulous opportunity to own the historic 12 Mile House. Stunning architecture + strong history of a steady NOI. Suites remodeled in 2019. Updated electrical. 42K in improvements 2020-2021. New windows, new heat pump, sealed roof, secure access + tuck pointing for property preservation. $4650/mo rent, 38,748 NOI, 6.46% Cap. Minimal turnover + low R&M expenses. Parking lot conveys. Walkable to wonderful restaurants/coffee shop. Convenient to 75, 71 and 275. Truly a gem.
Exterior Features

Construction Materials Brick Exterior Features Lighting Foundation Details Stone Levels Three Or More Lot Features LevelClearedSidewalksCorner LotFlood Insurance Requirement Lot Size Dimensions 66X132 Parking Features On SitePrivateParking Lot Property Condition Updated/Remodeled Roof Metal Structure Type Office

Interior Features

Appliances MicrowaveRefrigeratorElectric Water Heater Basement Partial Bedrooms Possible 0 Cooling Central Air Flooring Carpet Heating CentralElectricHeat Pump Interior Features Crown MoldingHigh CeilingsPublic BathroomNatural Woodwork Window Features Double HungVinyl Window(S)Insulated Windows

Property Features

Association YN No Business Type Professional/Office Gross Income 55800 Lease Considered YN Yes Net Operating Income 38748 Owner Pays SewerTaxesWaterInsuranceTrash CollectionExterior MaintenanceInterior MaintenanceCommon Area Maintenance Ownership Corporate Property Sub Type Office Security Features Smoke Detector(S) Tax Annual Amount 8976 Tenant Pays Cable TvInsuranceElectricity Utilities Natural Gas Not Available Water Source Public Zoning Office Zoning Types Commercial

MLS of Greater Cincinnati logo © 2023 MLS of Greater Cincinnati, Inc. All rights reserved. Listing courtesy of Re/Max Preferred Group, 513-874-8373 and Jennifer L Day, . Information deemed reliable but not guaranteed.
MLS of Greater Cincinnati logo The data relating to real estate for sale on this website comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than Apex Group | Keller Williams are marked with the Broker Reciprocity™ logo (the small black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Apex Group | Keller Williams. Data last updated 2023-09-22T07:13:37.247.
 
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