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1623 Summit Rd

Cincinnati OH 45237

4
4
8
Multi-Family
Currently for sale - view listing

Overview

This solid all-brick 4-unit property in a highly desirable rental area offers an exceptional investment with minimal management required, featuring one bedroom and one bathroom in each unit with beautiful hardwood floors and modern upgrades, two fully renovated units with brand-new bathroom cabinets and fresh paint ready to rent for up to $900 per month, separately metered electricity so tenants pay their own bills, the option to live in one unit and rent out the other three for exceptionally high cash flow, each unit having its own garage plus extra parking space, and a heat pump system along with numerous recent upgrades keeping the property in excellent condition and easy to rent out for consistent income.

Features

4 bedrooms
4 bathrooms
8 carspaces
4 open car spaces
4 garage spaces
Multi-Family

Property history for 1623 Summit Rd

2022
Sold
$188,000
03 Jan 2022 by Thomas VanSteenkiste, of Real Estate Professionals, LLC
2016
Sold
$46,500
18 Nov 2016 by Anne Marie Peter, of Hallmark Realty, LLC

Happy sellers in Cincinnati

95%
95% of sellers in Cincinnati reported that their sale price either exceeded or met their price expectations.

Cincinnati stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Cincinnati over the last 12 months.

Local market activity for 4 bedroom multi families in Cincinnati

In the last 12 months, 19 four-bedroom multi families similar to 1623 Summit Rd, have been sold.

This represents a 90% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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