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$ 585,000
Est. payment /mo
Active
1025 Dana Ave Cincinnati, OH 45229
8,842 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1868415
Year Built 1930
Lot Size 8,842 Sqft
Property Sub-Type Apartment
Source Cincinnati Multiple Listing Service
Property Description
Well-maintained five-unit multifamily property offering a total of 10 bedrooms and a strong rental history with potential for increased rental revenue. Currently operating at 80% occupancy with a turn-key vacant unit ready for immediate lease-up, providing opportunity to achieve a strong cap rate at full stabilization. Property features efficient and well-designed floor plans, beautiful hardwood floors throughout, on-site laundry, and off-street parking including attached carport spaces. Centrally located in desirable North Avondale, just minutes from Cincinnati's major medical corridor, steps from Xavier University, with easy access to all major interstates, downtown Cincinnati, and situated directly on the bus line. Same ownership as 974, 980, and 1029 Dana Ave., presenting potential for portfolio acquisition or streamlined management.
Location
State OH
County Hamilton
Area Hamilton-E01
Zoning Multi Family
Rooms
Basement Full
Interior
Interior Features Storage Area
Heating Hot Water
Cooling Window Unit, Wall Unit
Fireplaces Type None
Inclusions All appliances
Window Features Vinyl
Exterior
Exterior Feature Balcony
Parking Features Attached, Carport
View Y/N No
Water Access Desc Public
Roof Type Shingle,Membrane
Building
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Three
New Construction No
Schools
School District Cincinnati City Sd
Others
Miscellaneous Coin Laundry
Listed by The Barazi Group LLC
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