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$395,000
1589 Summit Road, Cincinnati, OH 45237
About this home
Exceptional opportunity to own a fully renovated, turnkey multifamily property at 1589 Summit Rd! The property has four 1-bedroom units that are generating $3,750/month in gross rent. Tenants pay all utilities except water and sewer, keeping expenses low. Smoke and pet-free building. Extensively renovated within the past 3 years, improvements include all new drywall, electrical, plumbing, windows, roof, gutters, individual furnaces, central A/C units, remodeled kitchens with updated appliances, and high-end marble and tile finishes throughout. The solid brick building has been meticulously maintained, with brickwork in excellent condition. Additional features include two sump pumps for added protection. Annual taxes are currently under $6k. A rare opportunity to acquire a low-maintenance, cash-flowing investment.
Facts & features
Interior
- Bedrooms
- 4
- Square Feet
- 2,798
Property
- Property Type
- Residential Income
- Year Built
- 1942
- Lot Size
- 0.13 acres
Listing details
- Price
- $395,000
- Status
- Canceled
- Days on Market
- 70
- MLS Number
- 1883252
- Listing Agent
- Dustin Walters
- Brokerage
- Coldwell Banker Realty
Features
- Style
- Multi Family
- Basement
- Full
- Garage Spaces
- 4
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
Location
Cincinnati, OH 45237
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