Multi Family Available - 4 Plex For Sale in Cincinnati

[Flip Robison]

Purchase Price: $99,900

Four 2 Bed / 1 Bath with 4 car garage
2 units fully remodeled. 2 units need turns and remodeling as well as some hallway carpet/paint ($7-9K total work to be fully rent ready).  Rents would be approximately $550 for each unit.

You can leave it as boiler and pay shared heat, or charge each tenant a small flat rate, or for long term purposes could spend $10K more and give them each their own furnaces and eliminate boiler and save $250/mo in owner expenses. They already have their own separate electric metering and pay all utilities that way aside from water. For water we add on $30-35/mo flat rate for water/trash to break even.

Currently fully vacant.

We recently sold the next door unit for $151K NET since we finished that one 100% for an investor and they are identical buildings.

[Flip Robison]

We had a buyer on this property that just fell through and have reduced the price to $89,900.  Let me know if you are interested!