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.
Listed By
Agency Name: The Barazi Group LLC
Agency Phone: 330-217-4769
Agent Name: Dania Barazi
Shown By
Agent Name: Paula Leonardi Ducato
Agent Phone: Cell: (330) 907-8381
Agency Title: Key Realty
Estimated Payment
$ 3,917.95 per month $3,272.32 Principal & Interest $475.00 Property Tax $170.63 Homeowner's Insurance
1025 Dana Avenue | MLS# 1868415
This multi-family property located at 1025 Dana Avenue, Cincinnati, OH 45229 is currently listed for sale with an asking price of $585,000. Dana Avenue is located within the Cincinnati school district. Search Cincinnati real estate on www.theducatoteam.com today.