Summit Property Group
This listing was posted on Summit Property Group (via Real Estate Promo).
$185,000
Value Add 5 units! HUGE CASHFLOW Opportunity!
Price:
$185,000
BR/BA:
5 BR, 6 BA
Location:
Cincinnati, OH
Description:
Have you been looking for a cash cow property to add to the portfolio, look no further.Presenting this 5 unit value add opportunity in Lincoln Heights!4 units already rented below market rate. 4-1/1 units1 large studio unitOne unit is vacant and in need of cosmetic rehab, opportunity to add another studio unit or in-building laundry in order to further increase profits!Market Rent: 1 Bedroom market rent, $825Current Rent: 3/4- 1/1 units currently rented @ $600 mtm Studio- rented mtm $600Property Conditions:Roof – Type – Dimensional Shingle roof, appears newer in good conditionBrick ConstructionWindows – Vinyl windows in good conditionHVAC – The owner pays heat. tenants responsible for A/CNewer Carrier high-efficiency furnaceHot water Heater – each unit has its own HWHElectric – Modern electrical, each unit has its own meterThe exterior has been well maintained but could benefit from a bit of cleanup and landscapingInterior units- 4/5 units currently rented and in solid condition yet a bit dated, the vacant unit has been gutted and awaiting cosmetic overhaul before rerenting at market rate!ability to create 6th unit or income-producing laundry Easy to have access!Call or Text (513-951-XXXX)XXXX@summitbuys.com
Property Type:
Single-Family Houses
Sq feet:
2,912 sq. ft.
Year:
1957
Amenities:
AC
For sale by:
Agent/Broker
Agent Name:
Summit Property Group
Posted:
February 23 on Real Estate Promo
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More About this Listing: Value Add 5 units! HUGE CASHFLOW Opportunity!
Value Add 5 units! HUGE CASHFLOW Opportunity! is a Five Bedroom 6.5 Bath Single-Family Homes for Sale in Cincinnati OH. Find other listings like Value Add 5 units! HUGE CASHFLOW Opportunity! by searching Oodle Classifieds for Five Bedroom 6.5 Bath Single-Family Homes for Sale in Cincinnati OH.
Value Add 5 units! HUGE CASHFLOW Opportunity! is a Five Bedroom 6.5 Bath Single-Family Homes for Sale in Cincinnati OH. Find other listings like Value Add 5 units! HUGE CASHFLOW Opportunity! by searching Oodle Classifieds for Five Bedroom 6.5 Bath Single-Family Homes for Sale in Cincinnati OH.