Introducing a prime multifamily investment opportunity in the heart of Pendleton. This historic 3,986 SF building, part of a sought-after portfolio of 5 buildings, exudes timeless charm. The property features two units. One 3 bed / 2.5 bath unit and one 3 bed / 2 bath unit. The units have separate private entrances. Each unit has a its own furnace, central air unit and separately metered gas & electric. Tenants pay for heat, electric and trash is free as part of the City of Cincinnati's waste removal program. Owner pays water. Built in 1860, the property presents a compelling option for a prospective investor. Zoned RM-1.2 and featuring tenant-paid heat and electric, the potential for a condo conversion adds further value to this already enticing asset. Don't miss the chance to capitalize on this exceptional offering in a coveted location.
General Information
Property Type
Multi Family
Style
Multi Fam 2-4 units
County
Hamilton
Subdivision
City
Zip Code
45202
School District
Cincinnati City SD
Listing Number
1837373
Property Features
Basement
Full
Garage
None
Parking
Onstreet
Windows
Wood
Heating
Gas
Cooling
Central Air
Fireplace
None
Multi-Family Information
Total Units
2
Heat Paid
Tenant
Separate Gas & Elec
Yes
Separate Furnace/AC
Yes/Yes
Gross Income
$48,394.00
Net Operating Income
$35,270.00
Additional Information
Levels
3 Story
Construction
Brick
Gas
Natural
Water
Public
Sewer
Public
Foundation
Stone
Occupancy
Tenant Right
Semi-Annual Taxes
$4,662.00
Additional Features
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This listing courtesy of Jennifer M Donathan (513-520-3540), Keller Williams Advisors (513-766-9200). All Information is believed accurate, but is NOT guaranteed.
The data relating to the real estate for sale on this web site comes
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