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$452,500 Sold
2405 Ohio Avenue, Cincinnati, OH 45219
About this home
2405 Ohio Ave is a five unit building in a prime location near the University of Cincinnati. The property consists of four one bedroom units and one studio, all fully occupied with student tenants. Each unit has separate furnaces and utilities which helps keep operating costs low. The building also includes garage parking, a rare perk in this area. Current rental income is $5,136 per month, making this a steady turnkey investment in a strong rental market. It also has value add component by increasing rent and implementing a utility bill back charge.
Facts & features
Property
- Property Type
- Residential Income
- Year Built
- 1930
- Lot Size
- 0.08 acres
Listing details
- Price
- $452,500
- Status
- Sold
- Days on Market
- 10
- MLS Number
- 1856205
- Listing Agent
- Andrew Kroeger
- Brokerage
- Keller Williams Advisors
Features
- Style
- Apartment
- Basement
- Full
- Heating
- Forced Air
- Cooling
- Window Unit(s)
- Roof
- Membrane
- Sewer
- Public Sewer
- Water
- Public
Location
Cincinnati, OH 45219
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