Public Remarks: 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, dcor, 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.
Mount Auburn, located between Downtown Cincinnati and Clifton, is a historic and hillside Cincinnati neighborhood with skyline overlooks and a campus-edge energy. The neighborhood’s character concentrates along the Auburn Avenue corridor near Christ Hospital, where brick institutional buildings, corner eateries, and steady foot traffic set the tempo. Pillars include Christ Hospital, the Cincinnati Art Museum at nearby Eden Park, and the Cincinnati Playhouse in the Park for an arts-forward night out. Streets step up and down the ridge with a mix of late-1800s rowhouses, small apartment buildings, and restored Italianate details. Bellevue Hill Park frames the geography with open lawns and city views. Sidewalks and stairways stitch together pockets of quiet blocks and busier medical-and-university routines.
Provided by Walk Score and Local Logic
Market insights
2201 Reading Rd #1 · $1,150,000
DAYS ON MARKET
1 days
The average home goes pending in 52 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
LIST PRICE
$1,150,000
Median sale price in this area is $214,576. (81% lower than this home)
PRICE DROP
0 price drops
18% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Full basement
No fireplace
Three or more levels
Bedrooms
Six 2-bedroom units
Heating & cooling
Forced air heating
Central air conditioning
Exterior features
Vinyl windows
Brick exterior
Composition roof
Approximately 0.099 acre lot
Street: Reading Rd
Suburb: Mt. Auburn
Home design
Multifamily building with 1 total building
Six-unit property
Parking
Off-street parking
On-street parking
Construction
Poured foundation
Brick construction
Composition roof
Utilities
Public water
Public sewer
Natural gas
Financial info
Semi-annual taxes reported
Other
Parcel numbers associated with the property
Electricity and solar
View estimated energy costs and solar savings for this home
This subdistrict is intended to create, maintain and enhance areas of the city that have a mix of lot sizes and house types at moderate intensities (1 to 3 dwelling units). Existing multi-family buildings of 4 or more units are acknowledged but new construction is not permitted.