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$395,000

1589 Summit Road, Cincinnati, OH 45237

4 beds
2,798 sqft
Residential Income
Built in 1942
0.13 acres
70 days on market
MLS# 1883252
$141/sqft

About this home

Exceptional opportunity to own a fully renovated, turnkey multifamily property at 1589 Summit Rd! The property has four 1-bedroom units that are generating $3,750/month in gross rent. Tenants pay all utilities except water and sewer, keeping expenses low. Smoke and pet-free building. Extensively renovated within the past 3 years, improvements include all new drywall, electrical, plumbing, windows, roof, gutters, individual furnaces, central A/C units, remodeled kitchens with updated appliances, and high-end marble and tile finishes throughout. The solid brick building has been meticulously maintained, with brickwork in excellent condition. Additional features include two sump pumps for added protection. Annual taxes are currently under $6k. A rare opportunity to acquire a low-maintenance, cash-flowing investment.

Facts & features

Interior

Bedrooms
4
Square Feet
2,798

Property

Property Type
Residential Income
Year Built
1942
Lot Size
0.13 acres

Listing details

Price
$395,000
Status
Canceled
Days on Market
70
MLS Number
1883252
Listing Agent
Dustin Walters
Brokerage
Coldwell Banker Realty

Features

Style
Multi Family
Basement
Full
Garage Spaces
4
Heating
Natural Gas, Forced Air
Cooling
Central Air
Roof
Shingle
Sewer
Public Sewer
Water
Public

Location

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