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$270,000 Sold

1218 Purcell Avenue, Cincinnati, OH 45205

0.16 acres lot
Residential Income
Built in 1959
0.16 acres
28 days on market
MLS# 1847229

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

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