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$289,900
Est. payment /mo
3,622 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Fam 2-4 units
Listing Status Active
Purchase Type For Sale
Square Footage 3,622 sqft
Price per Sqft $80
MLS Listing ID 1893560
Year Built 1939
Lot Size 8,973 Sqft
Property Sub-Type Multi Fam 2-4 units
Source Cincinnati Multiple Listing Service
Property Description
Solid brick quad in a strong rental market. At over 3,622 sqft, this is a big building. Four spacious units with 3 of 4 currently occupied and clear upside to push rents to market on turnover. Boiler was replaced 2-3 years ago, HWH 2023, and parking in the back has fresh new blacktop, so three of the biggest capex items are already handled. Owner currently covers water, common area electric, and tenant heat. Tenants already paying their own electric giving the new owner a clear opportunity to implement a RUBS system and boost NOI by billing back those owner-paid utilities. Strong in-place cash flow with a clean path to increase returns. Priced to sell in its current condition. Sold as is.
Location
State OH
County Hamilton
Area Hamilton-E02
Rooms
Basement Full
Interior
Heating Electric
Cooling Window Unit
Fireplaces Type Brick
Window Features Vinyl
Exterior
Parking Features None
Garage Spaces 4.0
Garage Description 4.0
View Y/N No
Water Access Desc Public
Roof Type Shingle
Building
Foundation Stone
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Cincinnati City Sd
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Listed by eXp Realty
NEARBY SCHOOL & BUSINESS
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