27
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$395,000
Est. payment /mo
5,706 Sqft Lot
New
3631 Washington Ave Cincinnati, OH 45229
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Key Details
Property Type Multi-Family
Sub Type Multi Fam 2-4 units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1890299
Year Built 1961
Lot Size 5,706 Sqft
Property Sub-Type Multi Fam 2-4 units
Source Cincinnati Multiple Listing Service
Property Description
Investors, take a look at this cash flowing 4 unit property! Each unit offers 2 bedrooms and 1 full bathroom, providing a desirable layout for tenants and strong rental potential. The property features a roof that is only 1 year old, offering added peace of mind for ownership. Units 3 and 4 are both leased at $1,300/month and have been completely updated with new flooring, kitchen cabinets, countertops, appliances, and brand new bathrooms. Units 1 and 2 are currently rented for $1,150/month each, generating a total of $4,900 in monthly rental income, or $58,800 annually. With four separate units, recent improvements, a newer roof, and established rental income, this property offers an excellent opportunity for investors looking to add a cash flowing multifamily property to their portfolio. Unit 1 is month to month, all other units leases expires in October 2026.
Location
State OH
County Hamilton
Area Hamilton-E01
Zoning Residential,Multi Family
Rooms
Basement None
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Type None
Inclusions Refridgerators, Ovens
Window Features Insulated
Exterior
Parking Features None
View Y/N No
Water Access Desc Public
Roof Type Membrane
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Cincinnati City Sd
Listed by eXp Realty
Nearby Locations
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