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$585,000

1025 Dana Avenue, Cincinnati, OH 45229

0.2 acres lot
Residential Income
Built in 1930
0.2 acres
170 days on market
MLS# 1868415

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

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