Solid brick quad in a strong rental market. At over 3,622 sqft, this is a big building. Four spacious units with 3 of 4 currently occupied and clear upside to push rents to market on turnover. Boiler was replaced 2-3 years ago, HWH 2023, and parking in the back has fresh new blacktop, so three of the biggest capex items are already handled. Owner currently covers water, common area electric, and tenant heat. Tenants already paying their own electric giving the new owner a clear opportunity to implement a RUBS system and boost NOI by billing back those owner-paid utilities. Strong in-place cash flow with a clean path to increase returns. Priced to sell in its current condition. Sold as is.
| MLS # | 1893560 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1939 |
| Days On Site | 10 |
| Listing Provided By | eXp Realty | Marco Fiore |
| SQ Feet | 3,622 |
|---|---|
| Garage | 4 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.21 |
| Rooms Total | 0 |
|---|---|
| Heating | Electric |
| Cooling | Window Unit |
| Window Features | Vinyl |
| Fireplace Features | Brick |
| Fireplaces Total | 0 |
| Roof | Shingle |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Stone |
| Parking Features | Off Street, Driveway |
|---|---|
| Open Parking Spaces | 4 |
| Sewer | Public Sewer |
|---|---|
| Gas | Natural |
| State | OH |
|---|---|
| County | Hamilton |
| City | Cincinnati |
| Zip Code | 45237 |
| Area | Hamilton E02 |
| Subarea | Hamilton E02 |
| Community Name | Roselawn |
| School District | Cincinnati City SD |
| High School | Cincinnati City SD |
| Listing VS Median (in Roselawn) | |
Price: $289,900 low | high Med: $244,950 sqft: 3,622 low | high Med: 1,421 $ / sqft: $80 low | high Med: $182 On site: 10 low | high Med: 57.5 | |
| State | OH |
|---|---|
| County | Hamilton |
| City | Cincinnati |
| Zip Code | 45237 |
| Area | Hamilton E02 |
| Subarea | Hamilton E02 |
| Community Name | Roselawn |
| School District | Cincinnati City SD |
| High School | Cincinnati City SD |
| Listing VS Median (in Roselawn) | |
Price: $289,900 low | high Med: $244,950 sqft: 3,622 low | high Med: 1,421 $ / sqft: $80 low | high Med: $182 On site: 10 low | high Med: 57.5 | |