$950,000
$1,099,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
4720 Ridge Ave Cincinnati, OH 45209
6,102 SqFt
Key Details
Sold Price $950,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 6,102 sqft
Price per Sqft $155
Subdivision Bd Bartons
MLS Listing ID 1827820
Sold Date 03/21/25
Originating Board Cincinnati Multiple Listing Service
Year Built 1956
Lot Size 9,234 Sqft
Lot Dimensions 50 X 184.47
Property Sub-Type Apartment
Property Description
Turnkey OAKLEY Cash Cow! Rare Eight 2 bed/1bath apts in one buidling. LOW MAINTENANCE. Great tenant base. Currently grosses $7,600/mo, could easily get to $9k/mo if rents calibrated to market. Hardwood in every room. Plenty of Parking-Easement with Lot behind building. Owner pays heat (boiler/baseboard), tenants pay electric/cooling. On site Laundry produces extra revenue. Improvements: Majority of bathrooms refinished in last 5 years, EPDM Rubber Roof Replaced '17, Concrete Apron/Sidewalks '24, Replacement Vinyl Windows, Hardwood, , Exterior Paint '24, Carpet to common areas replaced '24. Boiler Serviced Nov '24, Main Gas line replaced '24, Main Water Line and Pressure Valve/Shutoff replaced '24, Landscaped '24, All Exterior/Common Lights LED fixtures.
Location
State OH
County Hamilton
Area Hamilton-E04
Rooms
Basement None
Interior
Heating Baseboard
Cooling None
Fireplaces Type None
Window Features Insulated
Exterior
Parking Features None
View Y/N No
Water Access Desc Public
Roof Type Membrane
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Cincinnati City Sd
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Bought with NonMember Firm (NONMEM)