Description
Three-unit multifamily investment opportunity in Cincinnati featuring a mix of occupied and vacant units. Unit 1 is a 3-bedroom, 1-bathroom unit recently turned and marketed at $1,095 per month, with housing vouchers accepted. Unit 2 is a tenant-occupied 3-bedroom, 1-bathroom unit leased through a housing voucher program at $1,900 per month, with the tenant contributing $76 monthly and paying their own utilities. Unit 3 is a 1-bedroom, 1-bathroom unit requiring additional work before it is ready for occupancy. The property offers investors existing voucher-supported rental income and the potential to lease the marketed unit while evaluating the remaining unit's renovation needs. Buyers should verify legal bedroom counts, unit configurations, utility arrangements, and current rental terms during due diligence.
Details
| MLS # | 970454 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Year | 1926 |
| Days On Site | 27 |
| Listing Provided By | Agora Realty Group | Craig D Kellogg |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,128 |
| Basement | Y |
| Acreage | 0.13 |
Taxes
| Property | 3452 |
|---|
Area Information
| State | OH |
|---|---|
| County | Hamilton |
| City | Cincinnati |
| Zip Code | 45229 |
| Area | Hamilton |
| Community Name | Morris L Buchwalter Sub |
| School District | Cincinnati |
| Listing VS Median (in Morris L Buchwalter Sub) | |
Price: $295,000 low | high Med: $295,000 sqft: 3,128 low | high Med: 3,128 $ / sqft: $94 low | high Med: $94 On site: 27 low | high Med: 27 | |
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Learn More About This Property
| State | OH |
|---|---|
| County | Hamilton |
| City | Cincinnati |
| Zip Code | 45229 |
| Area | Hamilton |
| Community Name | Morris L Buchwalter Sub |
| School District | Cincinnati |
| Listing VS Median (in Morris L Buchwalter Sub) | |
Price: $295,000 low | high Med: $295,000 sqft: 3,128 low | high Med: 3,128 $ / sqft: $94 low | high Med: $94 On site: 27 low | high Med: 27 | |