Get in on the booming Avondale market.10 unit-been vacated and demoed, some rehab started.4725 rentable SF. Potential 98k gross and $48k net income. After renovation appraised value of $600k. Great location half mile from 3 major hospitals and Uptown Innovation Corridor attracting tech companies to the neighborhood. Minutes to Xavier and University of Cincinnati, downtown, casino, and bus lines. Second egress inside Buyer just has to finish the rehab.
General Information
Property Type
Multi Family
Style
Apartment 5+ Units
County
Hamilton
Subdivision
Avondale
Zip Code
45229
School District
Cincinnati City SD
Listing Number
1765025
Property Features
Basement
Partial
Garage
None
Parking
Onstreet, Driveway
Windows
Wood, Vinyl, Double Hung
Heating
Radiant, Hot Water
Cooling
Window Unit
Fireplace
Dummy, Inoperable
Multi-Family Information
Total Units
10
Efficiency Units
2
1 Bedroom Units
8
Parking Spaces
3
Heat Paid
Owner
Separate Gas & Elec
Yes
Separate Furnace/AC
No/No
Gross Income
$98,520.00
Net Operating Income
$48,139.00
Additional Information
Levels
3 Story
Construction
Brick
Lot Dimensions
51x110
Gas
Natural
Water
Public
Sewer
Public
Foundation
Poured
Occupancy
At Closing
Semi-Annual Taxes
$1,243.91
Additional Features
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This listing courtesy of Adam Sanregret (513-259-3001), Keller Williams Advisors (513-766-9200). All Information is believed accurate, but is NOT guaranteed.
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