3514 Ravenwood Avenue, Cincinnati, OH 45213

$350,000

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List Price
$350,000
Status
ACTIVE
Days on Market
9
MLS#
1892549
Year Built
1941
Neighborhood
Kennedy Hts.
MLS Area Major
Hamilton-E05

Property Description

FINVESTMENT OPPORTUNITY IN KENNEDY HEIGHTS! Well-maintained, fully occupied four-family offering an excellent opportunity to add a solid Cincinnati asset to your rental portfolio. The property features two 2-bedroom units and two 1-bedroom units, all with attractive laminate flooring. Three units have been remodeled, while Apartment 1 remains in good condition. Major improvements include a roof replacement in 2019 and an upgraded boiler in 2020. The property also offers garage space, adding convenience for tenants and potential value for the investor. Currently generating $4,218/month in gross rental income ($50,616 annually) with 100% occupancy, while still providing an opportunity to increase rents and grow future cash flow. Located in desirable Kennedy Heights, this is a turnkey income-producing property with built-in upside. Financials and showing information available upon request.

Additional Information

Heating
Hot Water
Air Conditioning
Window Unit
Exterior Construction
Brick
Stories
Two
Levels
Two
Roof
Shingle
Foundation
Poured
Parking
Off Street
Garage Spaces
4
School District
Cincinnati City SD

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of John Harrison with Endurance Realty & Investments

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