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$249,900
735 Elberon Avenue, Cincinnati, OH 45205
About this home
Exceptional opportunity to acquire a solid brick four-unit, ideal for an investor or owner-occupant looking to have tenants help cover the majority of the mortgage. Current rents are $2225/month with a vacant unit, clear upside to increase rents further as the vacant unit is leased. Owner pays water, heat, and common area electric. Major capital improvements have already been completed, including a brand-new roof, new furnace, and light renovations to units with newer appliances throughout, reducing near-term maintenance and capital expenditure concerns. The property's durable brick construction and recent updates make it a low-maintenance investment ideal for both seasoned and first-time multifamily investors.
Facts & features
Interior
- Square Feet
- 1,960
Property
- Property Type
- Residential Income
- Year Built
- 1939
- Lot Size
- 0.14 acres
Listing details
- Price
- $249,900
- Status
- Active
- Days on Market
- 0
- MLS Number
- 1893320
- Listing Agent
- Marco Fiore
- Brokerage
- eXp Realty
Features
- Style
- Multi Family
- Basement
- Full
- Heating
- Natural Gas, Forced Air
- Cooling
- Window Unit(s)
- Roof
- Membrane
- Sewer
- Public Sewer
- Water
- Public
Location
Cincinnati, OH 45205
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