$270,000 Sold
1218 Purcell Avenue, Cincinnati, OH 45205
About this home
own a turnkey 4 Family with immediate income and long-term upside. The property is comprised of two 2BR/1BA units and two 1BR/1BA units, all currently leased. Each unit features updated kitchen cabinets, hardwood floors, and electric baseboard heating, with tenants paying their own heat. Owner currently covers water, sewer, and trash. Great value-add potential through rent increases or implementation of a RUBS (Ratio Utility Billing System). Live in one unit and rent out the others, or continue operating as a 100% income-producing property. Located in the vibrant East Price Hill neighborhood, just steps from the revitalized Incline District, ARCO arts venue, and Mount Echo Park with scenic city views. Convenient access to Warsaw Avenue's growing retail corridor, including restaurants, cafes, and neighborhood shopping. Close proximity to Kroger, major bus routes, and only minutes to downtown Cincinnati. This is an ideal opportunity
Facts & features
Property
- Property Type
- Residential Income
- Year Built
- 1959
- Lot Size
- 0.16 acres
Listing details
- Price
- $270,000
- Status
- Sold
- Days on Market
- 28
- MLS Number
- 1847229
- Listing Agent
- Tryfon Christoforou
- Brokerage
- 3CRE Residential Advisors, LLC
Features
- Style
- Apartment
- Basement
- Full
- Heating
- Baseboard, Electric
- Cooling
- Window Unit(s)
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- At Street
Location
Cincinnati, OH 45205
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