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664 W Mcmicken Avenue

Cincinnati, OH 45214
  • $849,900
  • STATUS: Active
  • ON SITE: 127 Days
  • ID#: 1787940
UPDATED: 40 min ago
$849,900
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,810
    SQFT
  • $57
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:
Area:

School Ratings & Info

School District:
MLS of Greater Cincinnati logo

Description

Incredible mixed-use opportunity for 12-unit apt building & laundromat. Nestled between the West End & UC, the 8-unit building on the left contains 6 1-bedroom units & 2 2-bedroom units. Tenants pay electric & rents for $750-$975/mo. The building on the right includes the laundromat & 4 efficiency units above. The owner pays all utilities & rents for $642-$800/mo. 100% occupied w/9 units on mo-to-mo leases. Large, open courtyard on backside of building. 3 2-car garages, currently used for storage can be leased out for additional income. Laundromat is not in operation but includes multiple coin laundry sets that are believed to be in working order. Roof over laundromat is approx 3 years old. Rubber roof on 8-unit building is in good condition but year is unknown. Boiler age is unknown but supports all units. Separate water meters per building. Easy to rent and even without laundromat or garage rental income, generates $113,052/yr. 3 units and common areas available for showings.

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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 2024-03-02T17:13:51.393.
www.draznikgroup.com/homes/144750190
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664 W Mcmicken Avenue Cincinnati, OH 45214

  • Price: $849,900
  • Status: Active
  • On Site: 127 Days
  • Updated: 40 min ago
  • ID#: 1787940
0
Beds
0
Baths
0
½ Baths
0.34
Acres
14,810
SQFT
$57
$/SQFT
1969
Built
Neighborhood:
City
County:
Hamilton
Area:
City
School District:
Cincinnati City SD
Property Description
Incredible mixed-use opportunity for 12-unit apt building & laundromat. Nestled between the West End & UC, the 8-unit building on the left contains 6 1-bedroom units & 2 2-bedroom units. Tenants pay electric & rents for $750-$975/mo. The building on the right includes the laundromat & 4 efficiency units above. The owner pays all utilities & rents for $642-$800/mo. 100% occupied w/9 units on mo-to-mo leases. Large, open courtyard on backside of building. 3 2-car garages, currently used for storage can be leased out for additional income. Laundromat is not in operation but includes multiple coin laundry sets that are believed to be in working order. Roof over laundromat is approx 3 years old. Rubber roof on 8-unit building is in good condition but year is unknown. Boiler age is unknown but supports all units. Separate water meters per building. Easy to rent and even without laundromat or garage rental income, generates $113,052/yr. 3 units and common areas available for showings.
Exterior Features

Construction Materials Brick Garage Attached Levels ThreeOrMore Open Parking Spaces 0 Roof Shingle

Interior Features

Basement None Efficiency Sq Ft 0 Efficiency Units 0 Fireplaces 0 Unit1 Rooms 0 Unit2 Rooms 0 Unit3 Rooms 0 Unit4 Rooms 0 Window Features Insulated

Property Features

Auction No Efficiency Rent 0 Gas And Electric 0 Gross Income 113052 Heat Paid Owner Insurance Expense 3200 Maintenance Expense 6903 Mls Area Hamilton-E01 Net Operating Income 0 New Construction YN No New Taxes Expense 0 Other Expense 0 Property Sub Type Apartment Semi Annual Taxes 6025 Sewer Public Sewer Subdivision Name City Unit1 Rent 0 Unit2 Rent 0 Unit3 Rent 0 Unit4 Rent 0 Waste Removal 0 Water Paid Owner Water Sewer Expense 0 Water Source Public Zoning Multi Family

MLS of Greater Cincinnati logo © 2024 MLS of Greater Cincinnati, Inc. All rights reserved. Listing courtesy of TREO, REALTORS, 513-731-8736 and Brett Keppler, 5132251790. 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 2024-03-02T17:13:51.393.
 
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Draznik Group | Coldwell Banker
2721 Erie Avenue
Cincinnati OH, 45208
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