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$452,500 Sold

2405 Ohio Avenue, Cincinnati, OH 45219

0.08 acres lot
Residential Income
Built in 1930
0.08 acres
10 days on market
MLS# 1856205

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

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