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$ 276,000
Est. payment | /mo
9,191 Sqft Lot
$ 276,000
Est. payment | /mo
9,191 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi Fam 2-4 units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 1855188
Year Built 1955
Lot Size 9,191 Sqft
Property Sub-Type Multi Fam 2-4 units
Source Cincinnati Multiple Listing Service
Property Description
EXCEPTIONAL 4-FAMILY INVESTMENT OPPORTUNITY! Recently updated throughout with modern finishes and efficient mini-split HVAC systems in every unit. This well-maintained property features (2) spacious 2BR/1BA units generating $1,100 & $1,200 monthly, plus (2) cozy 1BR/1BA units at $900 & $880. Total gross rental income: $4,080/month ($48,960 annually). Owner pays water only - tenants pay own gas & electric! Estimated 12.8% cap rate with reduced expense ratio - outstanding return in today's market! All units thoughtfully renovated with contemporary updates that attract quality tenants. Additional income potential with rear garage space. Perfect for investors seeking exceptional cash flow. Modern HVAC systems ensure low maintenance costs. Prime location with easy access to amenities. 24 hour notice required for showings. Only Unit 2 available prior to accepted contract. Agent has ownership interest.
Location
State OH
County Hamilton
Area Hamilton-W09
Rooms
Basement Full
Interior
Heating Individual
Cooling Wall Unit
Fireplaces Type None
Window Features Vinyl
Exterior
Parking Features Built in
Garage Spaces 4.0
Garage Description 4.0
View Y/N No
Water Access Desc Public
Roof Type Shingle
Building
Foundation Poured
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Cincinnati City Sd
Listed by Keller Williams Seven Hills Re
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