Updated about 9 years ago on . Most recent reply
4-Plex in Cincinnati - Vacant - Some Rehab needed
Total square footage for all units is 3360. 4 car garage.
Built 1959
Estimated Rehab: $25K - $30K
ARV: $175,000
- estimated after rehab
- $500 for both 1 bedrooms
- $600 for both 2 bedrooms
- From OCF: Monthly Rent: $2,050 ; Annual Rent $24,600
- Annual Net Return $17,432 ; Cap rate 11%
- Annual Expenses: Property Tax $4,000 ; Insurance $1,200 ; Management $1,968
- This is in a B/C+ class area
- Pictures + Repair List - Please contact me
Offering