Fantastic investor opportunity with this spacious duplex offering stable cash flow and massive unit layouts in North Avondale! Peacefully set back from Vine Street, the property also features dedicated off-street parking for tenants. Unit 1 features a renovated kitchen and bathroom, a screened-in rear porch, expansive living and dining areas, and a flexible floor plan that can function as either a 2-bedroom or 3-bedroom unit. Unit 2 offers similarly generous room sizes, large living and dining areas, and a flexible 2-bedroom or 3-bedroom configuration along with 2 balconies. Both units are occupied by long-term tenants who have recently signed new two-year leases at $1,400/month each, providing stable and predictable income from day one. Tenants pay their own heat and electric, ensuring low operating expenses. The property has been meticulously maintained, and CAPEX items are in great shape, further contributing to the low operating expense model.
25 days
|
422
|
21
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Zillow last checked:
Listing updated:
Listed by:
Bret Halsey703-975-1048,
Ellsbury Commercial Group214-738-7424
Source: Cincy MLS,MLS#: 1884313Originating MLS: Cincinnati Area Multiple Listing Service
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2
Heating
Forced Air, Gas
Cooling
Window Unit(s), Separate Air Conditioning
Features
Windows: Vinyl
Basement: Full
Number of fireplaces: 4
Fireplace features: Brick, Gas
Interior area
Total structure area: 2,820
Total interior livable area: 2,820 sqft
Property
Parking
Total spaces: 4
Parking features: Asphalt, Parking Lot, 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
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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