590 Ludlow Ave Cincinnati Clifton OH 45220 (MLS# 1810276)

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590 Ludlow Ave Cincinnati OH 45220

Listing Information
Price	$1,450,000
Listing Number	1810276

Driving Directions
Ludlow Avenue down the hill, property located on right at Morrison Place.

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Agent Remarks
Ludlow Manor is a gorgeous Tudor Revival 7 unit apartment building in the highly desirable Clifton Gas Light District. Rare opportunity as owner has lived in this building since he bought it in 1970. Fully rented with little turnover due to the convenient location and charm of the building. Close to institutions such as University of Cincinnati, Tri-Health, UC Hospital, Children's Hospital, the UC Innovation Hub and close to downtown. Total jobs in the surrounding uptown area is 176,871 and growing. Rents are below market. this well maintained building has many beautiful features such as original oak floors, Rookwood gas fireplaces, high ceilings and arched doors. 6 garages. Short walk to restaurants, pubs, shops, Clifton Market and Esquire movie theatre. This could be the ultimate house hack for an owner occupant. Opportunity to make improvements to bathrooms and kitchens. Revenue $131,490 per year with owner's unit rented. Separate gas & electric.

Agent Remarks

Ludlow Manor is a gorgeous Tudor Revival 7 unit apartment building in the highly desirable Clifton Gas Light District. Rare opportunity as owner has lived in this building since he bought it in 1970. Fully rented with little turnover due to the convenient location and charm of the building. Close to institutions such as University of Cincinnati, Tri-Health, UC Hospital, Children's Hospital, the UC Innovation Hub and close to downtown. Total jobs in the surrounding uptown area is 176,871 and growing. Rents are below market. this well maintained building has many beautiful features such as original oak floors, Rookwood gas fireplaces, high ceilings and arched doors. 6 garages. Short walk to restaurants, pubs, shops, Clifton Market and Esquire movie theatre. This could be the ultimate house hack for an owner occupant. Opportunity to make improvements to bathrooms and kitchens. Revenue $131,490 per year with owner's unit rented. Separate gas & electric.

Property Information

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General Information
Property Type	Multi Family
Style	Apartment 5+ Units
County	Hamilton
Subdivision	Clifton
Zip Code	45220
School District	Cincinnati City SD
Listing Number	1810276

Property Features
Basement	Full
Garage	Attached
Cars	6
Parking	Garage, Driveway
Windows	Wood
Heating	Gas, Forced Air
Cooling	Window Unit
Fireplace	Gas

Multi-Family Information
Total Units	7
1 Bedroom Units	3
2 Bedroom Units	3
Parking Spaces	6
Gross Income	$131,490.00
Net Operating Income	$99,069.00

Additional Information
Levels	3 Story
Construction	Stone
Gas	Natural
Water	Public
Sewer	Public
Foundation	Stone
Occupancy	At Closing
Semi-Annual Taxes

Additional Features
Other Features	Coin Laundry

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This listing courtesy of Maria Walley (513-235-3996), Comey & Shepherd (513-321-4343). All Information is believed accurate, but is NOT guaranteed.

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