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$ 459,000
Est. payment | /mo
3,571 Sqft Lot
$ 459,000
Est. payment | /mo
3,571 Sqft Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1856205
Year Built 1930
Lot Size 3,571 Sqft
Property Sub-Type Apartment
Source Cincinnati Multiple Listing Service
Property Description
2405 Ohio Ave is a five unit building in a prime location near the University of Cincinnati. The property consists of four one bedroom units and one studio, all fully occupied with student tenants. Each unit has separate furnaces and utilities which helps keep operating costs low. The building also includes garage parking, a rare perk in this area. Current rental income is $5,136 per month, making this a steady turnkey investment in a strong rental market. It also has value add component by increasing rent and implementing a utility bill back charge.
Location
State OH
County Hamilton
Area Hamilton-E01
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Window Unit
Fireplaces Type None
Window Features Vinyl,Insulated
Exterior
Parking Features Attached, Rear
View Y/N No
Water Access Desc Public
Roof Type Membrane
Building
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Cincinnati City Sd
Listed by Keller Williams Advisors