Well-maintained five-unit multifamily property offering a total of 10 bedrooms and a strong rental history with potential for increased rental revenue. Currently operating at 80% occupancy with a turn-key vacant unit ready for immediate lease-up, providing opportunity to achieve a strong cap rate at full stabilization. Property features efficient and well-designed floor plans, beautiful hardwood floors throughout, on-site laundry, and off-street parking including attached carport spaces. Centrally located in desirable North Avondale, just minutes from Cincinnati's major medical corridor, steps from Xavier University, with easy access to all major interstates, downtown Cincinnati, and situated directly on the bus line. Same ownership as 974, 980, and 1029 Dana Ave., presenting potential for portfolio acquisition or streamlined management.
165 days
|
208
|
12
|
Zillow last checked:
Listing updated:
Listed by:
Dania Barazi330-217-4769,
The Barazi Group LLC513-560-8819,
Lily Cunningham,
The Barazi Group LLC
Source: Cincy MLS,MLS#: 1868415Originating MLS: Cincinnati Area Multiple Listing Service
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 10
Heating
Hot Water
Cooling
Window Unit(s), Wall Unit(s), Separate Air Conditioning
Appliances
Laundry: Coin Laundry
Features
Storage
Windows: Vinyl
Basement: Full
Has fireplace: No
Fireplace features: None
Interior area
Total structure area: 0
Total interior livable area: 2,500 sqft
Property
Parking
Total spaces: 4
Parking features: Asphalt, Off Street, Driveway, Private
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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