$550,000
$550,000
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6611 Kennedy Ave Cincinnati, OH 45213
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Multi Fam 2-4 units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1857696
Year Built 1924
Property Sub-Type Multi Fam 2-4 units
Property Description
Unique large 4 unit building boasting 3500 SF of finished, rental space. Units: large 3 bedroom 2 full bath 1325SF unit, and three- 1 bed, 1 bath 825SF units. All units recently renovated with upgraded finishes including LVT, stone and butcher block counters. Lower level unit has new egress per code. Gross monthly income of $5900 and gross annual $71k and $45k NOI and an attractive 8% CAP rate. Detached 4 car garage could bring in an additional $600/mo as storage. 2 of the 4 rented, the other 2 rent ready but kept vacant for ease of showings.
Location
State OH
County Hamilton
Area Hamilton-E05
Interior
Heating Hot Water
Cooling Window Unit, Wall Unit
Fireplaces Type None
Exterior
Parking Features Rear, Detached
Garage Spaces 4.0
Garage Description 4.0
View Y/N No
Roof Type Shingle
Building
Foundation Poured
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Cincinnati City Sd
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Bought with 3 B Realty Group LLC

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