Investors take notice! Exceptional value add opportunity with this 11 unit apartment building featuring strong upside potential. The property includes a dedicated space parking lot and a desirable unit mix of five 2 bedroom, 1 bath units and six 1 bedroom, 1 bath units. Currently, 8 units are rented with 3 vacant units, offering immediate potential to increase occupancy and maximize returns. Current rental income totals $6,500/month. Ownership expenses include common area electric, water, trash, and yard maintenance, while tenants are responsible for their own unit electric. Whether you're looking to expand your portfolio or capitalize on a repositioning opportunity, this income producing property offers both stability and room for growth.
26 days
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222
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8
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Zillow last checked:
Listing updated:
Listed by:
Gordon G Green513-500-7512,
eXp Realty216-242-2322,
Michael Martin513-225-6909,
eXp Realty
Source: Cincy MLS,MLS#: 1880177Originating MLS: Cincinnati Area Multiple Listing Service
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
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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