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$ 389,900
Est. payment | /mo
5,706 Sqft Lot
$ 389,900
Est. payment | /mo
5,706 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi Fam 2-4 units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1874941
Year Built 1895
Lot Size 5,706 Sqft
Property Sub-Type Multi Fam 2-4 units
Source Cincinnati Multiple Listing Service
Property Description
This well-built brick 3-unit multifamily building is in a convenient location close to the highway, shops, and restaurants. The property includes one 2-bedroom unit and one 5-bedroom unit. A third unit can be created inside the detached garage (recently quotes $10k to convert).Tenants are responsible for their own gas and electric utilities, while the landlord pays for water. Unit 1 is fully electric with its own electric water heater, and Unit 2 uses both gas and electric. Unit 2 is currently leased at $1,549 per month. The property has benefited from approximately $87,000 in improvements since purchase. This solid investment offers strong functionality and excellent upside potential. Unit 1 is shown in the photos, and Unit 2 is not as it is tenant-occupied.
Location
State OH
County Hamilton
Area Hamilton-W05
Zoning Multi Family
Rooms
Basement Full
Interior
Heating Electric, Forced Air, Gas
Cooling Central Air
Fireplaces Type Inoperable
Inclusions Yes inside units
Window Features Wood,Insulated
Exterior
Parking Features Detached
View Y/N No
Water Access Desc Public
Roof Type Shingle
Building
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Three
New Construction No
Schools
School District Cincinnati City Sd
Listed by Coldwell Banker Realty