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$290,000
3871 Vine Street, Cincinnati, OH 45217
About this home
Fantastic investor opportunity with this spacious duplex offering stable cash flow and massive unit layouts in North Avondale! Peacefully set back from Vine Street, the property also features dedicated off-street parking for tenants. Unit 1 features a renovated kitchen and bathroom, a screened-in rear porch, expansive living and dining areas, and a flexible floor plan that can function as either a 2-bedroom or 3-bedroom unit. Unit 2 offers similarly generous room sizes, large living and dining areas, and a flexible 2-bedroom or 3-bedroom configuration along with 2 balconies. Both units are occupied by long-term tenants who have recently signed new two-year leases at $1,400/month each, providing stable and predictable income from day one. Tenants pay their own heat and electric, ensuring low operating expenses. The property has been meticulously maintained, and CAPEX items are in great shape, further contributing to the low operating expense model.
Facts & features
Interior
- Bedrooms
- 6
- Square Feet
- 2,820
Property
- Property Type
- Residential Income
- Year Built
- 1880
- Lot Size
- 0.39 acres
Listing details
- Price
- $290,000
- Status
- Canceled
- Days on Market
- 1
- MLS Number
- 1884313
- Listing Agent
- Bret Halsey
- Brokerage
- Ellsbury Commercial Group
Features
- Style
- Multi Family
- Basement
- Full
- Heating
- Natural Gas, Forced Air
- Cooling
- Window Unit(s)
- Fireplaces
- 4
- Roof
- Shingle, Membrane
- Sewer
- Public Sewer
- Water
- Public
- Patio
- Porch, Patio
Location
Cincinnati, OH 45217
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