1025 Dana Avenue Cincinnati Avondale OH 45229 (MLS# 1868415)

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1025 Dana Avenue Cincinnati OH 45229

Listing Information
Price	$585,000
Listing Number	1868415

Driving Directions
Victory Parkway to Dana Ave

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Agent Remarks
Well-maintained five-unit multifamily property offering a total of 10 bedrooms and a strong rental history with potential for increased rental revenue. Currently operating at 80% occupancy with a turn-key vacant unit ready for immediate lease-up, providing opportunity to achieve a strong cap rate at full stabilization. Property features efficient and well-designed floor plans, beautiful hardwood floors throughout, on-site laundry, and off-street parking including attached carport spaces. Centrally located in desirable North Avondale, just minutes from Cincinnati's major medical corridor, steps from Xavier University, with easy access to all major interstates, downtown Cincinnati, and situated directly on the bus line. Same ownership as 974, 980, and 1029 Dana Ave., presenting potential for portfolio acquisition or streamlined management.

Agent Remarks

Well-maintained five-unit multifamily property offering a total of 10 bedrooms and a strong rental history with potential for increased rental revenue. Currently operating at 80% occupancy with a turn-key vacant unit ready for immediate lease-up, providing opportunity to achieve a strong cap rate at full stabilization. Property features efficient and well-designed floor plans, beautiful hardwood floors throughout, on-site laundry, and off-street parking including attached carport spaces. Centrally located in desirable North Avondale, just minutes from Cincinnati's major medical corridor, steps from Xavier University, with easy access to all major interstates, downtown Cincinnati, and situated directly on the bus line. Same ownership as 974, 980, and 1029 Dana Ave., presenting potential for portfolio acquisition or streamlined management.

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General Information
Property Type	Residential Income
Style	Apartment
County	Hamilton
Subdivision	Avondale
Zip Code	45229
School District	Cincinnati City SD
Listing Number	1868415

Property Features
Basement	Full
Parking	Private, Off Street, Driveway, Asphalt
Windows	Vinyl
Heating	Hot Water
Cooling	Window Unit, Wall Unit
Fireplace	None

Multi-Family Information
Total Units	5
1 Bedroom Units	2
2 Bedroom Units	1
Heat Paid	Owner
Separate Gas & Elec	Yes
Separate Furnace/AC	No/Yes

Additional Information
Levels	Three+
Construction	Brick
Gas	Natural
Water	Public
Sewer	Public Sewer
Foundation	Block
Occupancy	Tenant Right
Semi-Annual Taxes	$2,850.00

Additional Features
Other Features	Coin Laundry

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This listing courtesy of Dania Barazi (330-217-4769), The Barazi Group LLC (513-560-8819). All Information is believed accurate, but is NOT guaranteed.

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