4720 Ridge Ave
Cincinnati, OH 45209
Suburb: Oakley
$1,099,000
6,102sqft
Under Contract

Saved

Turnkey OAKLEY Cash Cow! Rare Eight 2 bed/1bath apts in one buidling. LOW MAINTENANCE. Great tenant base. Currently grosses $7,600/mo, could easily get to $9k/mo if rents calibrated to market. Hardwood in every room. Plenty of Parking-Easement with Lot behind building. Owner pays heat (boiler/baseboard), tenants pay electric/cooling. On site Laundry produces extra revenue. Improvements: Majority of bathrooms refinished in last 5 years, EPDM Rubber Roof Replaced '17, Concrete Apron/Sidewalks '24, Replacement Vinyl Windows, Hardwood, , Exterior Paint '24, Carpet to common areas replaced '24. Boiler Serviced Nov '24, Main Gas line replaced '24, Main Water Line and Pressure Valve/Shutoff replaced '24, Landscaped '24, All Exterior/Common Lights LED fixtures.

Directions

I-71 S toward Cincinnati 93.8 mi Take exit 8 toward Ridge Ave/Kennedy Ave

Property Details

General Information

Property Type Multi Family
Style Apartment 5+ Units
Suburb Oakley
Zip Code 45209
School District Cincinnati City SD
MLS# 1827820

Additional Information

Levels2 Story
ConstructionBrick
Lot Dimensions50 X 184.47
Total Acres0.212
GasNatural
WaterPublic
SewerPublic
FoundationSlab
OccupancyNegotiable
Semi-Annual Taxes$5,381.00

Property Features

Property SqFt.6,102
BasementNone
GarageNone
Cars0
ParkingOff Street
WindowsInsulated
HeatingBaseboard
CoolingNone
FireplaceNone

Additional Features


Multi-Family Information

Total Units8
Gross Income
2 Bedroom Units8
Parking Spaces8

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4720 Ridge Ave

Cincinnati, OH 45209

Photo of 4720 Ridge Ave, Cincinnati, OH 45209

Multi Family: Apartment 5+ Units

Listing # 1827820

Agent Remarks:

Turnkey OAKLEY Cash Cow! Rare Eight 2 bed/1bath apts in one buidling. LOW MAINTENANCE. Great tenant base. Currently grosses $7,600/mo, could easily get to $9k/mo if rents calibrated to market. Hardwood in every room. Plenty of Parking-Easement with Lot behind building. Owner pays heat (boiler/baseboard), tenants pay electric/cooling. On site Laundry produces extra revenue. Improvements: Majority of bathrooms refinished in last 5 years, EPDM Rubber Roof Replaced '17, Concrete Apron/Sidewalks '24, Replacement Vinyl Windows, Hardwood, , Exterior Paint '24, Carpet to common areas replaced '24. Boiler Serviced Nov '24, Main Gas line replaced '24, Main Water Line and Pressure Valve/Shutoff replaced '24, Landscaped '24, All Exterior/Common Lights LED fixtures.

Driving Directions:

I-71 S toward Cincinnati 93.8 mi Take exit 8 toward Ridge Ave/Kennedy Ave

This listing courtesy of Scott A Marvin (614-581-9497), Team Results Realty (614-382-2124). All Information is believed accurate, but is NOT guaranteed.

Broker Reciporcity logo
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.

All information is believed accurate, but NOT guaranteed.
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