$555,000 Price Analysis    ♡   Cincinnati, OH 45209 4 bed 4 bath unknown SqFt ($0/SqFt) Built 1957 Listed 2024-05-17 | Ⓧ USDA Ineligible due to location near Cincinnati |
Redu ced Price - Prime investment opportunity in Oakley!
Well-kept 4 family building down the street from new developments, Madtree and Oakley Square. Prime opportunity for owner-occupant or investor. All four 1-bed units each ~650 sqft. Currently grossing $4295/mo with potential rents closer to 5k/mo. Reduced price represents 6.84% cap rate on current income.
Hardwoods throughout. Tenants pay electric and through- wall AC, owner pays water and boiler heat. Pristine Roof 24. 2 of 4 units are month to month presenting an opportunity to push rents to market. Can be purchased individually or together with 3552 Brotherton next door. Rent roll, expense info and mechanical notes attached. Agent/Owner
Presented by Noah Gibby at
Plum Tree Realty.
Property MLS #1805505 from Cincinnati
Garage Description: Built in
Open Parking Spaces: 4
Calculated Total Monthly Association Fees: 0
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 4
Total Rooms in Unit-4: 4
Unit 1 Total Actual Rent: 1130
Unit 2 Total Actual Rent: 975
Unit 3 Total Actual Rent: 1215
Unit 4 Total Actual Rent: 975
Map directions Map directions Map directionsSource Listing Status: Active
County: Hamilton
Source Property Type: ResidentialIncome
Source Neighborhood: Mills & Klines Second
Parcel Number: 051-0002-0343-00
Subdivision: Mills & Klines Second
Property Subtype: Multi Fam 2-4 units
Source System Name: C2C
$555,000
Cincinnati
Listed 2024-05-17
$585,000
Cincinnati
Property Age: 67
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.