STATUS: OFF-MARKET
Portfolio Sale – E 38th Street Residential | Glenn Residential | Newport Mixed-Use
- Price: $900,000
- Rental Income: $9195 per month (portfolio total)
- Tenant Leases: Through August 2023 and October 2023
- Utilities: Tenants’ responsibility (water, gas, electric, sewer, trash)
- Insurance: Approximately $1250 a year insurance
- Taxes: Total $3040 per year
Property & Location Highlights:
- Two (2) unit duplex home prime for investment property
- Each unit has a kitchen, living room, full bath, and one bedroom
- Will be delivered with new central heating and air conditioning
- Newly signed tenant pays $1800/month and all utilities through October 2023
- Insurance: $66/mo; Taxes: $1715/year
- Freshly painted, and in good condition
- Seven minutes to Downtown Cincinnati
- Two miles to I-75
- Just a 20-minute drive to CVG International Airport
Residential Investment Opportunity: A Duplex Home with New Tenant for Sale
Unlock the potential of this two-unit duplex home, a prime investment property ready for your portfolio. Each unit boasts a well-designed layout. They include a kitchen, living room, full bath, and one bedroom, making them ideal living spaces for tenants. The property is a canvas with a fresh coat of paint. A true turnkey solution that lets you hit the ground running. It’s been freshly painted and is in good condition, ensuring that it’s ready for occupancy.
A significant highlight is the n’wly signed tenant who pays $1800 per month and covers all utilities through October 2023. This steady income stream provides a strong foundation for your investment. Additionally, with insurance at just $66 per month and annual taxes of $1715, it offers a manageable cost structure.
In terms of location, it’s just seven minutes to Downtown Cincinnati, making it an attractive choice for tenants. The property is also conveniently located just two miles from I-75, ensuring easy access to the wider Cincinnati area. For those with air travel needs, it’s a mere 20-minute drive to CVG International Airport, adding to its overall convenience. This duplex home is a valuable income-generating asset with established tenants.