$1,099,000
 $7,312 est/mo Sourced by Back At You

4720 Ridge Ave , Cincinnati, OH 45209

Cincinnati, OH 45209

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Description

Turnkey OAKLEY Cash Cow! Rare Eight 2 bed/1bath apts in one buidling. LOW MAINTENANCE. Great tenant base. Currently grosses $7,600/mo, could easily get to $9k/mo if rents calibrated to market. Hardwood in every room. Plenty of Parking-Easement with Lot behind building. Owner pays heat (boiler/baseboard), tenants pay electric/cooling. On site Laundry produces extra revenue. Improvements: Majority of bathrooms refinished in last 5 years, EPDM Rubber Roof Replaced '17, Concrete Apron/Sidewalks '24, Replacement Vinyl Windows, Hardwood, , Exterior Paint '24, Carpet to common areas replaced '24. Boiler Serviced Nov '24, Main Gas line replaced '24, Main Water Line and Pressure Valve/Shutoff replaced '24, Landscaped '24, All Exterior/Common Lights LED fixtures.

Details

MLS#1827820
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1956
Days On Site15
Listing Provided ByTeam Results Realty | Scott A Marvin

Features

SQ Feet6,102
Story(s)2
Units8
Building(s)1
Acreage0.21
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Listings Checked: 1 minute ago
StateOH
CountyHamilton
CityCincinnati
Zip Code45209
AreaHamilton
Community NameOakley
School DistrictCincinnati City SD
Listing VS Median (in Oakley)
Price:
$1,099,000
low | high
Med:
$500,000
100% of Average
SqFt:
6,102
low | high
Med:
2,463
100% of Average
$ / SqFt:
$180
low | high
Med:
$203
37.285418368376% of Average
On Site:
15
low | high
Med:
34.000000
44.117647058824% of Average
Sourced by Back At You
Listing Updated: January 8, 2025 at 1:02:15 PM PST