43
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$974,900
Est. payment /mo
0.35 Acres Lot
Price Dropped by $25K
877 Ludlow Ave Cincinnati, OH 45220
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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1838239
Year Built 1937
Lot Size 0.353 Acres
Lot Dimensions 65X180
Property Sub-Type Apartment
Source Cincinnati Multiple Listing Service
Property Description
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
Location
State OH
County Hamilton
Area Hamilton-E01
Rooms
Basement Full
Interior
Heating Gas
Cooling Wall Unit
Fireplaces Type None
Window Features Aluminum
Exterior
Exterior Feature Balcony
Parking Features Detached
View Y/N No
Water Access Desc At Street
Roof Type Shingle
Building
Foundation Stone
Sewer Public Sewer
Water At Street
Level or Stories Two
New Construction No
Schools
School District Cincinnati City Sd
Listed by Plum Tree Realty