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$ 550,000
Est. payment /mo
Pending
6611 Kennedy Ave Cincinnati, OH 45213
UPDATED:
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
Source Cincinnati Multiple Listing Service
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
Rooms
Basement Full
Interior
Heating Hot Water
Cooling Window Unit, Wall Unit
Fireplaces Type None
Inclusions 4 refrigerators & stove, 3d/w, 2 w/d
Window Features Vinyl
Exterior
Parking Features Rear, Detached
Garage Spaces 4.0
Garage Description 4.0
View Y/N No
Water Access Desc Public
Roof Type Shingle
Building
Foundation Poured
Sewer Public Sewer
Water Public
Level or Stories Three
New Construction No
Schools
School District Cincinnati City Sd
Listed by Keller Williams Advisors
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