Introducing a prime multifamily investment opportunity in the heart of Pendleton. This historic 3,986 SF building, part of a sought-after portfolio of 5 buildings, exudes timeless charm. The property features two units. One 3 bed / 2.5 bath unit and one 3 bed / 2 bath unit. The units have separate private entrances. Each unit has a its own furnace, central air unit and separately metered gas & electric. Tenants pay for heat, electric and trash is free as part of the City of Cincinnati's waste removal program. Owner pays water. Built in 1860, the property presents a compelling option for a prospective investor. Zoned RM-1.2 and featuring tenant-paid heat and electric, the potential for a condo conversion adds further value to this already enticing asset. Don't miss the chance to capitalize on this exceptional offering in a coveted location.
Property Details
General Information
| Property Type | Multi Family |
|---|---|
| Style | Multi Fam 2-4 units |
| Suburb | City |
| Zip Code | 45202 |
| School District | Cincinnati City SD |
| MLS# | 1837373 |
Additional Information
| Levels | 3 Story |
|---|---|
| Construction | Brick |
| Total Acres | 0.053 |
| Gas | Natural |
| Water | Public |
| Sewer | Public |
| Foundation | Stone |
| Occupancy | Tenant Right |
| Semi-Annual Taxes | $4,662.00 |
Property Features
| Property SqFt. | 3,986 |
|---|---|
| Basement | Full |
| Garage | None |
| Cars | 0 |
| Parking | Onstreet |
| Windows | Wood |
| Heating | Gas |
| Cooling | Central Air |
| Fireplace | None |
Additional Features
Multi-Family Information
| Total Units | 2 |
|---|---|
| Gross Income | $48,394.00 |
| Heat Paid | Tenant |
| Separate Gas & Electric | Yes |
| Separate Furnace/AC | Yes |
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1351 Broadway St
Cincinnati, OH 45202
Multi Family: Multi Fam 2-4 units
Listing # 1837373
Agent Remarks:
Introducing a prime multifamily investment opportunity in the heart of Pendleton. This historic 3,986 SF building, part of a sought-after portfolio of 5 buildings, exudes timeless charm. The property features two units. One 3 bed / 2.5 bath unit and one 3 bed / 2 bath unit. The units have separate private entrances. Each unit has a its own furnace, central air unit and separately metered gas & electric. Tenants pay for heat, electric and trash is free as part of the City of Cincinnati's waste removal program. Owner pays water. Built in 1860, the property presents a compelling option for a prospective investor. Zoned RM-1.2 and featuring tenant-paid heat and electric, the potential for a condo conversion adds further value to this already enticing asset. Don't miss the chance to capitalize on this exceptional offering in a coveted location.
Driving Directions:
Sycamore Street to E. 14th Street
This listing courtesy of Jennifer M Donathan (513-520-3540), Keller Williams Advisors (513-766-9200). All Information is believed accurate, but is NOT guaranteed.
All information is believed accurate, but NOT guaranteed.
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