Investors take notice! Exceptional value add opportunity with this 12 unit apartment building featuring strong upside potential. The property includes a dedicated 12 space parking lot and a desirable unit mix of five 2 bedroom, 1 bath units and seven 1 bedroom, 1 bath units. Currently, 9 units are leased with 3 vacant units, offering immediate potential to increase occupancy and maximize returns. Current rental income totals $7,150/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.
Listed By
Agency Name: eXp Realty
Agent Name: Gordon Green
Agency Phone: 8662124991
Shown By
Agent Name: Paula Leonardi Ducato
Agent Phone: Cell: (330) 907-8381
Agency Title: Key Realty
Estimated Payment
$ 5,361.95 per month $4,194.73 Principal & Interest $948.50 Property Tax $218.72 Homeowner's Insurance
3324 Hanna Avenue | MLS# 1880177
This multi-family property located at 3324 Hanna Avenue, Cincinnati, OH 45211 is currently listed for sale with an asking price of $749,900. Hanna Avenue is located within the Cincinnati school district. Search Cincinnati real estate on www.theducatoteam.com today.