1205 Ryland Ave, Cincinnati, OH 45237
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1205 Ryland Ave, Cincinnati, OH 45237
1205 Ryland Ave, Cincinnati, OH 45237
1205 Ryland Ave, Cincinnati, OH 45237
1205 Ryland Ave, Cincinnati, OH 45237
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Scott Baker

Scott Baker

+1(513) 403-5323
$ 375,000
Est. payment /mo
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Price Dropped by $14K

1205 Ryland Ave Cincinnati, OH 45237

5,401 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Fam 2-4 units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1879260

Year Built 1928

Lot Size 5,401 Sqft

Property Sub-Type Multi Fam 2-4 units

Source Cincinnati Multiple Listing Service

Property Description

Located in the growing community of Bond Hill, this thoughtfully updated quadplex offers a rare turnkey investment opportunity. Whether you are an experienced investor looking to expand your portfolio or just seeking strong cash flow from day one, this property is for you. With leases already in place, you can begin generating income immediately without the hassle of renovations or finding tenants. Current annual rents of $45,600 offer over an 8.5% cap rate and meets the 1% rule. Conveniently positioned for public transportation with quick access to major highways, the property offers an ideal location for commuters and long-term tenant demand. Residents also appreciate the shared on-site laundry and private storage in both the basement and detached garage. Don't miss this income-producing asset in an area experiencing continued investment and growth. Opportunities like this do not come along often especially updated multifamily properties with stabilized occupancy already in place!

Location

State OH

County Hamilton

Area Hamilton-E02

Rooms

Basement Full

Interior

Heating Gas

Cooling Window Unit

Fireplaces Type None

Window Features Storm,Vinyl,Wood

Exterior

Parking Features Detached

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 Red 1 Realty, LLC

NEARBY SCHOOLS & PROPERTIES

Scott Baker

Scott Baker

Agent License ID: 0000425067

+1(513) 403-5323

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1205 Ryland Ave

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