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$ 350,000
Est. payment /mo
Active
3514 Ravenwood Ave Cincinnati, OH 45213
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Fam 2-4 units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1892549
Year Built 1941
Lot Dimensions 49 X 100
Property Sub-Type Multi Fam 2-4 units
Source Cincinnati Multiple Listing Service
Property Description
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.
Location
State OH
County Hamilton
Area Hamilton-E05
Rooms
Basement Full
Interior
Heating Hot Water
Cooling Window Unit
Fireplaces Type None
Window Features Vinyl
Exterior
Parking Features Built in
Garage Spaces 4.0
Garage Description 4.0
View Y/N No
Water Access Desc Public
Roof Type Shingle
Building
Foundation Poured
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Cincinnati City Sd
Listed by Endurance Realty & Investments