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$ 317,500
Est. payment | /mo
2,640 SqFt
$ 317,500
Est. payment | /mo
2,640 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Fam 2-4 units
Listing Status Active
Purchase Type For Sale
Square Footage 2,640 sqft
Price per Sqft $120
MLS Listing ID 1890720
Year Built 1880
Lot Size 1,829 Sqft
Property Sub-Type Multi Fam 2-4 units
Source Cincinnati Multiple Listing Service
Property Description
Excellent investment opportunity near the University of Cincinnati! This well-positioned three-family property features three one-bedroom units generating $3,100 in total monthly rental income ($37,200 annually). Units one and two are each leased for $1,100 per month, while unit three is leased for $900 per month. All three units are on one-year leases expiring in July, August, and October 2027, providing consistent rental income. Each unit has separate gas and electric utilities, its own furnace, and central air conditioning. Additional amenities include a washer and dryer in the basement. Conveniently located near UC, area hospitals, and employment centers, this property appeals to a variety of tenants, including UC students, traveling professionals, and hospital employees. A great opportunity for investors looking to add an income-producing property to their portfolio in a desirable rental market!
Location
State OH
County Hamilton
Area Hamilton-E01
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplaces Type Inoperable
Window Features Vinyl,Double Hung
Exterior
Parking Features None
View Y/N No
Water Access Desc Public
Roof Type Membrane
Building
Foundation Stone
Sewer Public Sewer
Water Public
Level or Stories Three
New Construction No
Schools
School District Cincinnati City Sd
Listed by TREO REALTORS
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