Property Description
Investors take notice! Exceptional value add opportunity with this 12 unit apartment building featuring strong upside potential. The property includes a dedicated 12 space parking lot and a desirable unit mix of five 2 bedroom, 1 bath units and seven 1 bedroom, 1 bath units. Currently, 9 units are leased with 3 vacant units, offering immediate potential to increase occupancy and maximize returns. Current rental income totals $7,150/month. Ownership expenses include common area electric, water, trash, and yard maintenance, while tenants are responsible for their own unit electric. Whether you're looking to expand your portfolio or capitalize on a repositioning opportunity, this income producing property offers both stability and room for growth.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Wall Unit
Days on Market: 2
Fireplaces: 0
Garage: 12
Heating: Baseboard
Lot Size: 0.46 Acres
Roof Type: Membrane
Stories: 2.0
Taxes: $11,382
Year Built: 1968
Feature Descriptions
Exterior: Brick
Fireplace Features: None
Foundation: Poured
Gas: None
Lot Dimensions: 19907 SqFt
Miscellaneous: Coin Laundry
Parcel #: 212-0062-0070-00
Parking: Lot, Private
Sewer: Public Sewer
Total Buildings: 1
Units: 12
Water: Public
Window Features: Wood
Local Schools
School District: Cincinnati
3324 Hanna Avenue | MLS# 1880177
This multi-family property located at 3324 Hanna Avenue, Cincinnati, OH 45211 is currently listed for sale with an asking price of $749,900. Hanna Avenue is located within the Cincinnati school district. Search Cincinnati real estate on www.kaszycarealestate.com today.