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 2 Cash Flowing Quads and 1 Duplex in Cincinnati!

  • Apartment
    2000 square_feet
    bedroom 4 Bedrooms
    bathroom 4 Baths
  • Rental
    $140,000 0
    Status : Sold
    Year Built : 1962
 Description
Duplex:
Winfield Ave Cincinnati OH 45205
$70k
ARV $85k/21% CAP
Duplex: 2bd/1ba each 2008 sqft
Roof redone in 2014
Block exterior
Built 1959
City Water/Sewer
Unit 1 $600
Unit 2 $650
Market Rents $665

Owner pays water, internet, taxes and insurance (total around $225/mo)
Both units have been rehabbed


Quads:
both on Seton Ave Cincinnati OH 45205

$140k each building
ARV $220k/15% CAP each
4bd/4ba 2000 sqft each
Roofs replaced in 2014
Block exteriors
$550/unit Market rents

Quad 1:Currently $1845/mo (under market value)
Quad 2:Currently $1890/mo (under market value)
Owner pays internet $85.98/mo total for both

All 3 have property management in place

Can buy as a package or separate! Call/Email today for more info!
 Rehab Work Needed
 General Amenities
Location Map
Image Gallery
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 Summary

Overview
2 Cash Flowing Quads and 1 Duplex in Cincinnati! Sold
$140,000
Property ID: OH190968272
Address: Login to View
City: Dayton
State/Province: OH
Zip Code: 45205
Country: USA


Rental Analysis

+ Purchase Price: $140,000
+ Purchase Closing Cost: $4,200
+ Rehab Cost: $500
Total Acquisition Cost: $144,700


Monthly Rent: $1,845
+ Annual Potential Rent: $22,140
- Vacancy (3%): $664
Annual Gross Income: $21,476
Annual Gross ROI: 14.84%


 Message

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