503 Woodlawn Ave Active

Cincinnati,OH 45205

$ 1040000

- Bed

- Bath

0 SqFt


Key Details

Property Type Residential Income

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1832194

Year Built 1965

Lot Size 0.659 Acres

Property Sub-Type Apartment

Property Description

The Harrison & Woodlawn Portfolio offers strong current returns and significant value-add potential through strategic unit renovations, operational improvements, and lease-up of vacant units 16 units- 1BR & 1 BA. 11 units have balconies. Coin operated laundry and individual storage units. 100% occupied, $10,970 monthly cash flow with room to raise rents! Off street parking lot. Owner pays heat, water, trash and sewer, tenants pay electric. Can be bought as a package deal with 2861 Harrison, 12 units. -New Roof (2021) -Interior renovations in select units -HVAC system upgrades -Updated electrical systems -Common area improvements -Professional landscaping enhancements -New security locks throughout property -Convenient access to major highways and public transportation -Proximity to employment centers and educational institutions -Nearby shopping, dining, and entertainment -Essential services within walking distance

Location

State OH

County Hamilton

Area Hamilton-W04

Interior

Heating Baseboard,Gas,Hot Water

Cooling Wall Unit

Fireplaces Type None

Exterior

Parking Features None

Garage Spaces 16.0

Garage Description 16.0

View Y/N No

Roof Type Composition

Building

Foundation Poured

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Cincinnati City Sd

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