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603 613 Forest Ave Cincinnati OH

MLS #1496481     Commercial - Business Opp
Sold for $470,000
35 units, 1 unit being renovated that was damaged by fire. GRI is 18-20K/month PM fee is 6.5% of collected GRI/major cost is water and power/new mgmnt team for past 4 months/ excellent team. At any time 20-30% is on Section 8/or CMHA program/over 100K has been put back into the building to improve the asset.

Directions to

: Paddock Rd to Reading to Forest Ave
Sold Price$470,000
# of Buildings2
Levels5+ Story
Lot Dimensionsof record
Lease OnlyNo
SuburbAvondale (Hamilton)
New ConstructionNo
FoundationNot Applicable
HeatingHot Water
CoolingNot Applicable
Annual Taxes
Gross Income$17,000.00
Sold on 12-27-2016

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Sibcy Cline, Inc.
Judith A Schlotman
Office: 513-321-9922
Phone: 513-623-4648
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.