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Summit Property Buyers

PO Box 30277
Cincinnati, OH 45230
 (859) 659-7999
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2382 W North Bend Rd, Cincinnati, OH 45239

6 Bedrooms / 4 Baths / Single Family

Property Status: Pending |  Pending: $249,900.00

Mt. Airy - Value-Add Brick 4-Family

Property Details:
Property Style:
Year Built:
Finished Sq. Ft:
2 Car Detached
Unfinished Basement
Individual Owner
Don't miss your chance to grab this one for your rental portfolio!

This late 1970s brick apartment building is the perfect opportunity to add value and raise rents to market for solid cash flow!

Unit Mix:

(2) 2-bed 1-bath units - approx. 900 sqft.
Both occupied
(1) unit has been partially updated
One unit has a large private elevated deck
(2) 1-bed 1-bath units - approx. 700 sqft.
Both vacant
(1) unit has been partially updated

Current Rent:

$600 (un-updated 2-bedroom)
$675 (partially updated 2-bedroom)

Market Rent:

1 bedroom:     $800 - $900 (depending on finish level)
2 bedrooms:    $1,200 - $1,350 (depending on finish level)

Property Conditions & Additional Info:

Roof (10 years old)
Commercial water heater (2 years old) – supplies the whole building
(2) sets of furnace/AC’s original (1977)
(2) sets (occupied units) – roughly 15 years old
Each unit has a storage closet in a common area
Coin-operated washer/dryer comes with a building
Original aluminum windows (2-pane & in good overall condition)
(6) parking spaces  

Don't miss out!

Call or text Tyler today: (513) 995-1461

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