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$335,000 Sold

3514 Ravenwood Avenue, Cincinnati, OH 45213

lot
Residential Income
Built in 1941
20 days on market
MLS# 1892549

About this home

FINVESTMENT OPPORTUNITY IN KENNEDY HEIGHTS! Well-maintained, fully occupied four-family offering an excellent opportunity to add a solid Cincinnati asset to your rental portfolio. The property features two 2-bedroom units and two 1-bedroom units, all with attractive laminate flooring. Three units have been remodeled, while Apartment 1 remains in good condition. Major improvements include a roof replacement in 2019 and an upgraded boiler in 2020. The property also offers garage space, adding convenience for tenants and potential value for the investor. Currently generating $4,218/month in gross rental income ($50,616 annually) with 100% occupancy, while still providing an opportunity to increase rents and grow future cash flow. Located in desirable Kennedy Heights, this is a turnkey income-producing property with built-in upside. Financials and showing information available upon request.

Facts & features

Property

Property Type
Residential Income
Year Built
1941

Listing details

Price
$335,000
Status
Sold
Days on Market
20
MLS Number
1892549
Listing Agent
John Harrison
Brokerage
Endurance Realty & Investments

Features

Style
Multi Family
Basement
Full
Garage Spaces
4
Heating
Hot Water
Cooling
Window Unit(s)
Roof
Shingle
Sewer
Public Sewer
Water
Public

Location

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