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$585,000
1025 Dana Avenue, Cincinnati, OH 45229
About this home
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.
Facts & features
Property
- Property Type
- Residential Income
- Year Built
- 1930
- Lot Size
- 0.2 acres
Listing details
- Price
- $585,000
- Status
- Canceled
- Days on Market
- 170
- MLS Number
- 1868415
- Listing Agent
- Dania Barazi
- Brokerage
- The Barazi Group LLC
Features
- Style
- Apartment
- Basement
- Full
- Heating
- Hot Water
- Cooling
- Window Unit(s)
- Roof
- Shingle, Membrane
- Sewer
- Public Sewer
- Water
- Public
Location
Cincinnati, OH 45229
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