4813 Rapid Run Rd Pending

Cincinnati,OH 45238

$ 249000

- Bed

- Bath

2642 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Fam 2-4 units

Listing Status Pending

Purchase Type For Sale

Square Footage 2,642 sqft

Price per Sqft $94

MLS Listing ID 1848688

Year Built 1910

Lot Size 5,967 Sqft

Property Sub-Type Multi Fam 2-4 units

Property Description

Great opportunity to own a solid brick 4-family home with strong rental history and long-term tenants providing a combined over $3k per month rental income. Each unit offers 1 full bath: Unit #1 (2BR, rented $950/mo), Unit #2 (1BR, rented $725/mo), Unit #3 (Efficiency, now vacant), and Unit #4 (1BR, rented $600/mo). Owner pays water and heat, tenants pay electric. All four garages could be leased separately, adding extra income. Recent improvements include new roof and gutters (2023), exterior painted (2024), furnace (2024), water heater (2021), siding (2015), and replacement windows. Heating systems vary with Unit #1 & #2 on gas furnace and Unit #3 & #4 on boiler. The property is priced with consideration for future updates, making this an excellent buy-and-hold investment with immediate cash flow and value-add potential.

Location

State OH

County Hamilton

Area Hamilton-W04

Zoning Residential,Multi Family

Interior

Heating Forced Air,Gas,Hot Water

Cooling Wall Unit

Fireplaces Type None

Inclusions 4 Stoves, 4 Refrigerators

Exterior

Parking Features Attached,Oversized,Front

Garage Spaces 4.0

Garage Description 4.0

View Y/N No

Roof Type Shingle

Building

Foundation Poured

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Cincinnati City Sd

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