2934 Glenway Avenue Cincinnati Price Hill OH 45204 (MLS# 1881611)

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2934 Glenway Avenue Cincinnati OH 45204

Listing Information
Price	$590,000
Listing Number	1881611

Driving Directions
Glenway Ave South of Grand Ave

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Agent Remarks
Excellent investment featuring TWO four-family buildings with EIGHT 1 bed 1 bath units being sold together w/strong cash flow & additional upside potential by adding a 5th unit in both basements. Both buildings must be sold together (no exceptions). Shared coin laundry facilities, ample off-street parking in private lot, dumpster onsite. 7 of 8 units are leased & newly renovated w/new flooring, modern kitchens & bathrooms. Current gross rents for 7 occupied units-$6,260 per month, $75,120 yearly. Projected rent when fully occupied-$7,105 per month, $85,260 yearly. At 2934, one vacant unit actively being marketed for rent at $845, owner pays heat and water, basement space is already income producing and currently rented as office/storage space. At 2940, owner pays water only, basement has bathroom rough-in & ready for finishing, creating additional future income potential. Major capital improvements include new sewer line, newly paved driveway, new fencing & remodeled units. As-is sale.

Agent Remarks

Excellent investment featuring TWO four-family buildings with EIGHT 1 bed 1 bath units being sold together w/strong cash flow & additional upside potential by adding a 5th unit in both basements. Both buildings must be sold together (no exceptions). Shared coin laundry facilities, ample off-street parking in private lot, dumpster onsite. 7 of 8 units are leased & newly renovated w/new flooring, modern kitchens & bathrooms. Current gross rents for 7 occupied units-$6,260 per month, $75,120 yearly. Projected rent when fully occupied-$7,105 per month, $85,260 yearly. At 2934, one vacant unit actively being marketed for rent at $845, owner pays heat and water, basement space is already income producing and currently rented as office/storage space. At 2940, owner pays water only, basement has bathroom rough-in & ready for finishing, creating additional future income potential. Major capital improvements include new sewer line, newly paved driveway, new fencing & remodeled units. As-is sale.

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General Information
Property Type	Residential Income
Style	Multi Fam 2-4 units
County	Hamilton
Subdivision	Price Hill
Zip Code	45204
School District	Cincinnati City SD
Listing Number	1881611

Property Features
Basement	Full
Parking	Lot, Off Street
Windows	Vinyl
Heating	Gas, Forced Air
Cooling	Wall Unit
Fireplace	None

Multi-Family Information
Total Units	8
1 Bedroom Units	8
Heat Paid	Tenant
Separate Gas & Elec	Yes
Separate Furnace/AC	Yes/Yes

Additional Information
Levels	Two
Construction	Brick
Lot Dimensions	Irregular
Gas	Natural
Water	Public
Sewer	Public Sewer
Foundation	Poured
Occupancy	Tenant Right
Semi-Annual Taxes	$4,945.00

Additional Features

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This listing courtesy of Bridget D Dawson (513-328-9001), Sibcy Cline, Inc. (513-385-0900). All Information is believed accurate, but is NOT guaranteed.

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