EXPIRED
475000 in profit buy the 4 unit or $1900 in gross pcf monthly |
Price: 29,900.00
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| Ad # | 695072 |
| Contact | James Eavey |
| Address | PO Box 19023 |
| City | Cincinnati |
| State | Ohio |
| Zip | 45219 |
| Phone | 513-961-6906 |
| Type | For Sale By Owner |
| Created | February 28, 2008 |
| Updated | February 28, 2008 |
| Expires | August 28, 2008 |
| Viewed | 120 times |
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(Click image for full size)
Cash Buyers Only! APR 41% buy this property now as is to rent with a $1900.00 a month positive cash flow or sell the units for condo conversions when the time is right. This is a Multi 4 unit building in over the Rhine on E. McMicken Ave. in Cincinnati, OH.
It has Great Potential. It could be a great investment for the experienced landlord, rehabber, or investor. It has 4 total units 2 bedrooms, 1bath units at 850+ Sq. Ft. each. Contracting and management services available, after purchase. it is a 4 level plus a basement. It needs to have total renovation. Estimated repairs are $10,500.00 per unit class c type rental units. Total cash invested is $71,500.00. Close to downtown Cincinnati In the main street corridor a area being converted to condominiums with average price of $135,000.00 a piece. Total return on investment is Infinity. Call 513-961-6906 or e-mail us at jdeavey@aol.com
| Property Info Sheet |
|---|
| Property type | Multi family |
| MLS # | |
| Square footage | 580 |
| Beds | 8 |
| Baths | 4 |
| Stories | 4 |
| Fireplaces | 0 |
| Year built | 1870 |
| Lot size | |
| County | |
| Elementary school | Cincinnati Pub. |
| Middle school | same |
| High school | same |
| Subdivision | Over The Rhine |
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| Property Features |
|---|
 | Near School |
 | Near Transit |
| Ocean View |
| Lake View |
| Mountain View |
| Ocean Waterfront |
| Lake Waterfront |
| River Waterfront |
| Car Port |
| Dishwasher |
| Refrigerator |
| Washing Machine |
| Dryer |
| Range |
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| Oven |
| Carpet |
| Wood Floors |
| Tile Floors |
| Vinyl Floors |
| Utility Room |
| Central Heat/Air |
| Gas Heat |
| Gas Hot Water |
| Electric Hot Water |
| Deck |
| Patio |
| Porch |
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