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Renovated and Improved Cincinnati OH Small Apt Bldg. 100% occ.

Posted Oct 8 2018, 06:55

Renovated Cincinnati OH Small Apt Bldg (8 1-bed). All rented. Great cash flow.

Two side by side buildings, each with four 1-bedroom apartments. Located on quiet, residential street bordering Corryville/Avondale neighborhoods. Minutes from university, hospitals, 1-75 and the Cincinnati Zoo. Listed on Loopnet with OM for $399,000. Renovations completed in last 18 months: four of 8 units fully repositioned, four of 8 with major improvements to kitchen, bath, and plumbing; new gutters, fascia and soffit; new high efficiency lighting; new parking lot;  upgrades to HVAC and electrical. Roof in great shape. Coin laundry. Parking on site. Rents below market. Location: 3760-3764 Bonfield Dr., Cincinnati OH 45220. Current monthly rental income - $4526. Tenants pay on time. Significant room left to get to 2018 Fair Market Rates!

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