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$290,000

3871 Vine Street, Cincinnati, OH 45217

6 beds
2,820 sqft
Residential Income
Built in 1880
0.39 acres
1 day on market
MLS# 1884313
$103/sqft

About this home

Fantastic investor opportunity with this spacious duplex offering stable cash flow and massive unit layouts in North Avondale! Peacefully set back from Vine Street, the property also features dedicated off-street parking for tenants. Unit 1 features a renovated kitchen and bathroom, a screened-in rear porch, expansive living and dining areas, and a flexible floor plan that can function as either a 2-bedroom or 3-bedroom unit. Unit 2 offers similarly generous room sizes, large living and dining areas, and a flexible 2-bedroom or 3-bedroom configuration along with 2 balconies. Both units are occupied by long-term tenants who have recently signed new two-year leases at $1,400/month each, providing stable and predictable income from day one. Tenants pay their own heat and electric, ensuring low operating expenses. The property has been meticulously maintained, and CAPEX items are in great shape, further contributing to the low operating expense model.

Facts & features

Interior

Bedrooms
6
Square Feet
2,820

Property

Property Type
Residential Income
Year Built
1880
Lot Size
0.39 acres

Listing details

Price
$290,000
Status
Canceled
Days on Market
1
MLS Number
1884313
Listing Agent
Bret Halsey
Brokerage
Ellsbury Commercial Group

Features

Style
Multi Family
Basement
Full
Heating
Natural Gas, Forced Air
Cooling
Window Unit(s)
Fireplaces
4
Roof
Shingle, Membrane
Sewer
Public Sewer
Water
Public
Patio
Porch, Patio

Location

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