3514 Ravenwood, Cincinnati, OH 45213

$350,000
List Price
$350,000
Status
ACTIVE
MLS#
1892549
Levels
Two
Region
Hamilton-E05

Property Description

FINVESTMENT OPPORTUNITY IN KENNEDY HEIGHTS! Well-maintained, fully occupied four-family offering an excellent opportunity to add a solid Cincinnati asset to your rental portfolio. The property features two 2-bedroom units and two 1-bedroom units, all with attractive laminate flooring. Three units have been remodeled, while Apartment 1 remains in good condition. Major improvements include a roof replacement in 2019 and an upgraded boiler in 2020. The property also offers garage space, adding convenience for tenants and potential value for the investor. Currently generating $4,218/month in gross rental income ($50,616 annually) with 100% occupancy, while still providing an opportunity to increase rents and grow future cash flow. Located in desirable Kennedy Heights, this is a turnkey income-producing property with built-in upside. Financials and showing information available upon request. Contact the listing broker for details or to schedule a showing.

Additional Information

Lot Dimensions
49 X 100
Construction
Brick
Roof
Shingle
Basement Desc
Full
Garage Desc
Built in
Garage Spaces
4
Cooling
Window Unit
Heating
Hot Water
Sewer
Public Sewer
Water
Public
School District
Cincinnati City SD

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of John Harrison with Endurance Realty & Investments

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