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$415,000
6026 Colter Avenue, Cincinnati, OH 45230
About this home
Turn-key, well-maintained four-family property at 6026 Colter Ave offering immediate income with significant value-add potential. This solid asset features four 1-bedroom units, all currently leased below market rentsproviding a clear opportunity to increase NOI and drive long-term equity growth. Each unit is clean, functional, and attractive to tenants, supporting stable occupancy and consistent cash flow. The oversized lot offers multiple avenues for expansion,including the potential to add an ADU or enhance outdoor amenities. There is also an opportunity to create a fifth unit in the basement (subject to approvals), further maximizing rental income. Additional upside includes installing coin-operated laundry for passive income. Strong rental demand supports future rent increases, making this an excellent opportunity for investors seeking both stability and growth.
Facts & features
Interior
- Bedrooms
- 4
Property
- Property Type
- Residential Income
- Year Built
- 1954
- Lot Size
- 0.67 acres
Listing details
- Price
- $415,000
- Status
- Canceled
- Days on Market
- 7
- MLS Number
- 1888338
- Listing Agent
- Patrick Roberts
- Brokerage
- Coldwell Banker Realty
Features
- Style
- Multi Family
- Basement
- Full
- Garage Spaces
- 4
- Heating
- Natural Gas, Hot Water
- Cooling
- Window Unit(s)
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
Location
Cincinnati, OH 45230
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