MLS#1879048
STATUSActive
PROPERTY TYPECommercial - Business
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: Commercial - Business
Basement: Full
Basement: Yes
Cooling: Wall Unit
Fenced: Yes
Heating: Baseboard
Lot Size: 0.46 Acres
Roof Type: Membrane
Stories: 2.0
Year Built: 1968
Amenities
Part Fenced
Feature Descriptions
Exterior: Brick
Flooring: Tile, Carpet
Foundation: Poured
Gas: None
Owner Pays: Taxes, Electricity, Water, Sewer, Insurance, Internal Maintenance, External Maintenance, Common Area Maint, Trash Removal, Other
Parcel #: 212-0062-0070-00
Parking: Private, Lot
Sewer: Public Sewer
Tenant Pays: Electricity
Total Buildings: 1
Water: Public
Listed By / Shown By
Listed By
Agency Name: eXp Realty
Agent Name: Gordon Green
Agency Phone: 8662124991
Shown By
Agent Name: Stephanie Sayles
Agent Phone: Cell: (330) 284-7498
Agency Title: Key Realty
Stephanie Sayles
Cell: (330) 284-7498
Email Me
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Agency License Information: 1-877-539-7589 | Ohio Lic# REC.2010002888 6800 W Central Ave #B, Toledo, OH 43617 | Michigan Lic# 6505366134 8040 Summerfield Rd, Lambertville, MI 48144 | Indiana Lic# RC52400106 3029 W Smith Valley Rd #211, Greenwood, IN 46142 | West Virginia LIC# 010306 Erin Rickman, Broker. 410 Market St #3, Parkersburg, WV, 26101 | Colorado LIC# EC.100108419 603 Rood Ave, Grand Junction, CO 81501 | Nevada LIC# B.0146350.LLC 9190 Double Diamond Pwky, Reno, NV 89521 | Florida LIC# CQ1073507 16638 Mooner Plank Cir, Wimauma, FL 33598
Agent License Information: Ohio Lic# REC.2010002888 6800 W Central Ave #B, Toledo, OH 43617
3324 Hanna Avenue | MLS# 1879048
This commercial property located at 3324 Hanna Avenue, Cincinnati, OH 45221 is currently listed for sale with an asking price of $749,900. Search Cincinnati real estate on www.soldbysayles.com today.