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$ 250,000
Est. payment | /mo
5,009 Sqft Lot
$ 250,000
Est. payment | /mo
5,009 Sqft Lot
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1832970
Lot Size 5,009 Sqft
Lot Dimensions 80X60
Property Sub-Type Commercial
Source Cincinnati Multiple Listing Service
Property Description
This well-maintained multi-unit flex building in Springfield Township offers a fantastic investment opportunity! Located in a convenient and accessible area off Springfield & Vine, it features 4 units, with each unit boasting approximately 990 square feet of versatile space. 2 Units: Ideal for office, retail, or showroom use. 2 Units: Perfect for garage, warehouse, workshop, or contractor space. Each unit features a private bathroom PLUS gas, H20 & electric submetered for individual unit control & efficiency. Notable improvements: New roof installed '24 ($25,000 investment). Concrete driveway for easy access & parking. Updated wiring for modern business needs. Convenient access from both the street & rear. Perfect for small businesses, contractors, tradespeople, or artists. Strong Income Potential: All units are currently rented, generating annual rental income over $37,000. Expect a double-digit cap rate on this investment. Back on market due to the buyer's insufficient cash funds.
Location
State OH
County Hamilton
Area Hamilton-W02
Rooms
Basement None
Interior
Heating Electric, Gas
Cooling None
Flooring Tile, Concrete
Exterior
View Y/N No
Water Access Desc Public
Roof Type Membrane
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Listed by Keller Williams Seven Hills Re
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