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3611 Schwartze Ave Cincinnati OH

MLS #1507092     Multi Family - Apartment 5+ Units
Sold for $144,900
Excellent Investment Opportunity. 11% Cap Rate. 6 One Bedroom One Bath Units. Average Rent Is $500 Per 1 Bedroom. Gross Rent Per Year Is $36,792. 2015 Net Income Was $17,850. Owner Pays Water Only. Tenants Pay Heat & Electric. Owner Does Pay Electric For Unit 5 But Their Rent Is Increased To $556 Per Month. Secure Entry.

Directions to

: Glenway To Parkcrest To Schwartze
Sold Price$144,900
Total UnitsMulti Family
Efficiency Units52 x 150
Total Acres0.18
1 Bedroom Units6
Levels2 Story
Construction:Brick, Stucco
Parking:Onstreet, Off Street
Suburb:Westwood (Hamilton)
School District:Cincinnati City SD
Lot Dimensions52 x 150
Parking Spaces6
HeatingBaseboard, Electric
CoolingWindow Unit
Heat PaidTenant
Separate Gas & ElecYes
Separate Furnace/ACYes/Yes
Semi-Annual Taxes$1,359.00
Gross Income$36,792.00
Net Operating Income$25,767.00
Sold on 12-02-2016

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Star One Real Estate, Inc.
Michael R Wallet
Office: 513-662-8800
Phone: 513-266-6714
The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the MLS of Greater Cincinnati, Inc. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.