Great opportunity to own a solid brick 4-family home with strong rental history and long-term tenants providing a combined over $3k per month rental income. Each unit offers 1 full bath: Unit #1 (2BR, rented $950/mo), Unit #2 (1BR, rented $725/mo), Unit #3 (Efficiency, now vacant), and Unit #4 (1BR, rented $600/mo). Owner pays water and heat, tenants pay electric. All four garages could be leased separately, adding extra income. Recent improvements include new roof and gutters (2023), exterior painted (2024), furnace (2024), water heater (2021), siding (2015), and replacement windows. Heating systems vary with Unit #1 & #2 on gas furnace and Unit #3 & #4 on boiler. The property is priced with consideration for future updates, making this an excellent buy-and-hold investment with immediate cash flow and value-add potential.
For sale
$249,000
4813 Rapid Run Rd, Cincinnati, OH 45238
4beds
2,642sqft
Est.:
Multi Family, Quadruplex
Built in 1910
-- sqft lot
$-- Zestimate®
$94/sqft
$-- HOA
What's special
Replacement windowsGas furnace
- 58 days |
- 530 |
- 35 |
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