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2340 Laredo Ave

Cincinnati, OH 45206
  • $675,000
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: 1788365
$675,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,099
    SQFT
  • $165
    $/SQFT
Type:
Commercial
Built:
1880
County:

School Ratings & Info

MLS of Greater Cincinnati logo

Description

Wonderful investment opportunity! 2 adjoining buildings used for mixed use office & professional tenants offers ~4100 SF between 2340 Laredo & 2337 Victory Parkway combined parcels. 2340 Laredo could be owner occupied home, short term rental, or longer term lease to nurses, etc. 8 recession proof office spaces almost fully rented out with up to $81,000 income with low expenses. Many capital improvements made in 2023 totaling almost $40,000 including freshly painted exterior brick * new 6 A/C units, 2337 Victory Parkway side currently occupied by accountant, photographer, hairdresser, nail salon, eye brow specialist, barber shop, etc. 2340 Laredo 2nd floor is currently being used as a short term rental. Tenant occupying 3rd floor with flexible lease. 2340 Laredo Ave could be owner occupied & collect rent from the offices. .Offering at 8.37% capitalization rate. Rent & P&L statement available. Ability to increase rents w/ so much flexibility with this type of property.

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MLS of Greater Cincinnati logo The data relating to real estate for sale on this website comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than Draznik Group | Coldwell Banker are marked with the Broker Reciprocity™ logo (the small black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Draznik Group | Coldwell Banker. Data last updated 2023-12-04T00:13:27.677.
www.draznikgroup.com/homes/144814563
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2340 Laredo Ave Cincinnati, OH 45206

  • Price: $675,000
  • Status: Active
  • On Site: 36 Days
  • ID#: 1788365
0
Beds
4
Baths
0
½ Baths
0.12
Acres
4,099
SQFT
$165
$/SQFT
1880
Built
County:
Hamilton
Property Description
Wonderful investment opportunity! 2 adjoining buildings used for mixed use office & professional tenants offers ~4100 SF between 2340 Laredo & 2337 Victory Parkway combined parcels. 2340 Laredo could be owner occupied home, short term rental, or longer term lease to nurses, etc. 8 recession proof office spaces almost fully rented out with up to $81,000 income with low expenses. Many capital improvements made in 2023 totaling almost $40,000 including freshly painted exterior brick * new 6 A/C units, 2337 Victory Parkway side currently occupied by accountant, photographer, hairdresser, nail salon, eye brow specialist, barber shop, etc. 2340 Laredo 2nd floor is currently being used as a short term rental. Tenant occupying 3rd floor with flexible lease. 2340 Laredo Ave could be owner occupied & collect rent from the offices. .Offering at 8.37% capitalization rate. Rent & P&L statement available. Ability to increase rents w/ so much flexibility with this type of property.
Exterior Features

Construction Materials Brick Levels Two Lot Features Cleared Parking Features Shared Driveway Roof ShingleMembrane Structure Type Mixed Use

Interior Features

Appliances Gas Water Heater Basement PartialConcrete Cooling Central AirWindow Unit(s) Heating Baseboard Window Features Wood FramesVinyl Window(s)

Property Features

Association Fee 0 Association Fee Frequency Monthly Association YN No Business Type Hotel/MotelProfessional/Office Gross Income 81000 Lease Considered YN Yes Owner Pays GasTaxesWaterHeatingRepairsInsuranceManagementElectricityLandscapingAll UtilitiesRoof MaintenanceTrash CollectionJanitorial ServiceExterior MaintenanceInterior MaintenanceCommon Area Maintenance Pets Allowed Yes Property Sub Type Mixed Use Security Features Fire Alarm Sewer Public Sewer Tax Annual Amount 7226 Utilities Natural Gas Connected Water Sewer Expense 914 Water Source Public Zoning Types CommercialSingle-Family

MLS of Greater Cincinnati logo © 2023 MLS of Greater Cincinnati, Inc. All rights reserved. Listing courtesy of Keller Williams Advisors, and Vicki M Sylvestre, 5139670756. Information deemed reliable but not guaranteed.
MLS of Greater Cincinnati logo The data relating to real estate for sale on this website comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than Draznik Group | Coldwell Banker are marked with the Broker Reciprocity™ logo (the small black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Draznik Group | Coldwell Banker. Data last updated 2023-12-04T00:13:27.677.
 
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