Back to search

$300,500 Sold

2503 Flanigan Court, Cincinnati, OH 45239

6 beds
Residential Income
Built in 1955
0.21 acres
8 days on market
MLS# 1855188

About this home

BOM due to buyer's failure to close. EXCEPTIONAL 4-FAMILY INVESTMENT OPPORTUNITY! Recently updated throughout with modern finishes and efficient mini-split HVAC systems in every unit. This well-maintained property features (2) spacious 2BR/1BA units generating $1,100 & $1,200 monthly, plus (2) cozy 1BR/1BA units at $900 & $880. Total gross rental income: $4,080/month ($48,960 annually). Owner pays water only - tenants pay own gas & electric! Estimated 12.8% cap rate with reduced expense ratio - outstanding return in today's market! All units thoughtfully renovated with contemporary updates that attract quality tenants. Additional income potential with rear garage space. Perfect for investors seeking exceptional cash flow. Modern HVAC systems ensure low maintenance costs. Prime location with easy access to amenities. 24 hour notice required for showings. Only Unit 2 available prior to accepted contract. Agent has ownership interest.

Facts & features

Interior

Bedrooms
6

Property

Property Type
Residential Income
Year Built
1955
Lot Size
0.21 acres

Listing details

Price
$300,500
Status
Sold
Days on Market
8
MLS Number
1855188
Listing Agent
Sean Cole
Brokerage
Keller Williams Seven Hills Re

Features

Style
Multi Family
Basement
Full
Garage Spaces
4
Heating
Individual
Cooling
Wall Unit
Roof
Shingle
Sewer
Public Sewer
Water
Public

Location

Request a tour

Similar homes

Request a tour
Scroll to Top