877 Ludlow Ave, Cincinnati, OH 45220
877 Ludlow Ave, Cincinnati, OH 45220
877 Ludlow Ave, Cincinnati, OH 45220
877 Ludlow Ave, Cincinnati, OH 45220
877 Ludlow Ave, Cincinnati, OH 45220
877 Ludlow Ave, Cincinnati, OH 45220
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$ 945,900
Est. payment | /mo

0.35 Acres Lot


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$ 945,900
Est. payment | /mo
Save

0.35 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1861919

Year Built 1937

Lot Size 0.353 Acres

Lot Dimensions 65X180

Property Sub-Type Apartment

Source Cincinnati Multiple Listing Service

Property Description

5-Unit Investment Property 100% Occupied! Strong cash flow, current rent roll $6,899 a month. This well maintained five unit property is located in the heart of Gaslight Clifton. offers investors immediate cash flow and significant upside potential. Plans already approved for a sixth efficiency unit with only $15K in build out cost. Tenant paid utilities including water, which minimize owner expenses. Six private garage spaces, plus direct access to major bus line. High demand rental market near campus. Adjacent to Cincinnati State College. Low turnover with stable, long term tenants. Walkable to shops, restaurants, and entertainment! Finished Sq.Ft.7,260

Location

State OH

County Hamilton

Area Hamilton-E01

Rooms

Basement Full

Interior

Heating Gas

Cooling Wall Unit

Fireplaces Type None

Window Features Aluminum

Exterior

Exterior Feature Balcony

Parking Features Detached

View Y/N No

Water Access Desc At Street

Roof Type Shingle

Building

Foundation Stone

Sewer Public Sewer

Water At Street

Level or Stories Two

New Construction No

Schools

School District Cincinnati City Sd

Cincinnati MLS (CincyMLS)
Listed by Plum Tree Realty

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Benjamin Wourms

Ben Wourms - Glasshouse Realty Group

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Bill Hudson

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877 Ludlow Ave