1950 Fairgrove Ave Hamilton OH 45011

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1950 Fairgrove Ave

Hamilton, OH 45011

Suburb: Hamilton East

$139,900

2,423sqft

Active

Great Investment Opportunity - This three family building has tons of potential. 2 out of 3 units are rented and gross nearly $20,000 income per year. Unit #3 needs light rehab to be rent ready. All tenants are month to month. Unit #2 & Unit #3 have been remodeled with newer bathrooms, kitchens & flooring. Units are all 1 bedrooms and rent for $850 and $750. Tenants pay electric and owner pays gas/water. Gas, electric, water, sewer, trash are all on one bill and run $150-$200/mo. Tenants own their window A/C units. Newer windows, vinyl siding and all around well maintained. Zoned Commercial so potential for a business in unit #1. Large, private parking lot and courtyard area makes this the perfect mixed use property. Centrally located on busy Rt.4 - Owner says let's make a deal!

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Property Details

General Information

Property Type	Multi Family
Style	Multi Fam 2-4 units
Suburb	Hamilton East
Zip Code	45011
School District	Hamilton City SD
MLS#	1812288

Additional Information

Levels	2 Story
Construction	Vinyl
Total Acres	0.207
Gas	Natural
Water	Public
Sewer	Public
Foundation	Stone
Occupancy	Tenant Right
Semi-Annual Taxes	$671.95

Property Features

Property SqFt.	2,423
Basement	Full
Garage	None
Cars	0
Parking	Private, Off Street, Driveway
Windows	Vinyl
Heating	Gas
Cooling	Window Unit
Fireplace	None

Additional Features

Appliances	Stove and refrigerator

Multi-Family Information

Total Units	3
Gross Income	$19,200.00
1 Bedroom Units	3
Parking Spaces	6
Heat Paid	Owner
Separate Gas & Electric	Yes
Separate Furnace/AC	No

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