6611 Kennedy Ave Pending

Cincinnati,OH 45213

$ 550000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Fam 2-4 units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 1857696

Year Built 1924

Property Sub-Type Multi Fam 2-4 units

Property Description

Unique large 4 unit building boasting 3500 SF of finished, rental space. Units: large 3 bedroom 2 full bath 1325SF unit, and three- 1 bed, 1 bath 825SF units. All units recently renovated with upgraded finishes including LVT, stone and butcher block counters. Lower level unit has new egress per code. Gross monthly income of $5900 and gross annual $71k and $45k NOI and an attractive 8% CAP rate. Detached 4 car garage could bring in an additional $600/mo as storage. 2 of the 4 rented, the other 2 rent ready but kept vacant for ease of showings.

Location

State OH

County Hamilton

Area Hamilton-E05

Interior

Heating Hot Water

Cooling Window Unit,Wall Unit

Fireplaces Type None

Inclusions 4 refrigerators & stove, 3d/w, 2 w/d

Exterior

Parking Features Rear,Detached

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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