OH > Cincinnati
Cincinnati, OH 45237,1219 Franklin Ave
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Cincinnati, OH 45237,1219 Franklin Ave
Cincinnati, OH 45237,1219 Franklin Ave
Cincinnati, OH 45237,1219 Franklin Ave
Cincinnati, OH 45237,1219 Franklin Ave
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Amy Markowski

Amy Markowski

+1(513) 805-8406
$ 375,000
Est. payment /mo
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Active

1219 Franklin Ave Cincinnati, OH 45237

2,764 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Fam 2-4 units

Listing Status Active

Purchase Type For Sale

Square Footage 2,764 sqft

Price per Sqft $135

MLS Listing ID 1858120

Year Built 1941

Lot Size 6,272 Sqft

Property Sub-Type Multi Fam 2-4 units

Source Cincinnati Multiple Listing Service

Property Description

Turnkey 4-Unit in Bond Hill - Fully Renovated Investment Property. This 4-unit building in Bond Hill featuring high-end finishes throughout, including granite countertops, tile bathrooms, and modern fixtures. Each unit has been completely updated, offering top-of-the-line finishes and stable rental income. The property generates $48,000 in annual gross income with total expenses of $14,960, which include: Insurance: $2,660 Property Management (7.5%): $3,600 Heat & Electric (each unit separately metered): $3,337 Taxes: $2,963 Maintenance (5%): $2,400 At a $375,000 asking price, the property delivers an 8.8% cap rate. This is a turnkey asset fully renovated, fully leased, and generating cash flow from day one. Additionally, the seller would consider selling three nearby single-family homes in Bond Hill.

Location

State OH

County Hamilton

Area Hamilton-E02

Zoning Multi Family

Rooms

Basement Full

Interior

Heating Electric, Radiant, Gas

Cooling Window Unit

Fireplaces Type None

Window Features Casement

Exterior

Parking Features Attached

View Y/N No

Water Access Desc Public

Roof Type Shingle

Building

Foundation Poured

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Cincinnati City Sd

Cincinnati MLS (CincyMLS)
Listed by Rath Equity, LTD
Amy Markowski

Amy Markowski

Realtor® and Owner of The Markowski Team | License ID: SAL.2013001330

+1(513) 805-8406

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1219 Franklin Ave