5-Unit Investment Property 100% Occupied! Strong cash flow, current rent roll $6,899 a month. This well maintained five unit property is located in the heart of Gaslight Clifton. offers investors immediate cash flow and significant upside potential. Plans already approved for a sixth efficiency unit with only $15K in build out cost. Tenant paid utilities including water, which minimize owner expenses. Six private garage spaces, plus direct access to major bus line. High demand rental market near campus. Adjacent to Cincinnati State College. Low turnover with stable, long term tenants. Walkable to shops, restaurants, and entertainment! Finished Sq.Ft.7,260
Features
directions_car6 carspaces
6 open car spaces
crop_free15377 sq. ft. lot size
cottageApartment
Property history for 877 Ludlow Avenue
2021
Sold
$399,900
15 Sep 2021 by Matthew Painter, of OwnerLand Realty, Inc.
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Local market activity for apartments in Cincinnati
Sold
For Sale
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