Three-unit multifamily investment opportunity in Cincinnati featuring a mix of occupied and vacant units. Unit 1 is a 3-bedroom, 1-bathroom unit recently turned and marketed at $1,095 per month, with housing vouchers accepted. Unit 2 is a tenant-occupied 3-bedroom, 1-bathroom unit leased through a housing voucher program at $1,900 per month, with the tenant contributing $76 monthly and paying their own utilities. Unit 3 is a 1-bedroom, 1-bathroom unit requiring additional work before it is ready for occupancy. The property offers investors existing voucher-supported rental income and the potential to lease the marketed unit while evaluating the remaining unit's renovation needs. Buyers should verify legal bedroom counts, unit configurations, utility arrangements, and current rental terms during due diligence.
Features
7 bedrooms
3 bathrooms
3128 sq. ft. floor area
crop_free5750 sq. ft. lot size
cottageMulti-Family
Property history for 548 Carplin Place
2023
Sold
$260,000
14 Jul 2023 by Sandi Wethington, of eXp Realty, LLC (E - SR14 - Ohio)
Happy sellers in Cincinnati
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Local market activity for 7 bedroom multi families in Cincinnati
Sold
For Sale
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