12 units - (6 / 2 bedroom & 6 / 1 bedroom apartments) Gross Income...................................... ..$71,544.00 per year expenses .................................... .........$20,900.00 per year net ........................................................$50,644.00 per year Owner holds security deposit of one month rent for each unit. Income does not include any forfeiture of tenants security deposits, nor late charges on rental units. Features include: New roof $20, 000 installed 1999 / 2000, New balcony covers $4,000 installed 2005, New rug in hallway $2,000 installed 2006. Each unit has disposal, stove, range hood and refrigerator all in good working condition. One bedroom unit has an air conditioner, each two bedroom unit has 2 air conditioners. These are through the wall type and in good condition as they are serviced every year! Each unit has blinds or mini blinds, 8 units have balcony with sliding doors and curtain rods. Gas fired Hot water boiler and water heater serviced every year. Laundry rooms on second and third floors are leased to Cincinnati Coin Laundry on contingent fee commission basis. Property sits on Cincinnati bus line, with blacktop parking for each unit plus two guest spots. Each unit has its own storage closet, plus there is a 2 car detached garage that owners rents out and also uses for storage. Sturdy masonary construction with steel doors, with wall to wall carpeting and tile flooring in kitchens and baths. Each unit is wired for cable and has its own electric breaker system. A large green belt surrounds the building, plus the large rear yard is fenced and could be used for additional parking. The Seller is willing to work directly with you to make your dream of owning this winning property a reality, so don't wait call to schedule a showing with the original owner of this building today! 1-888-511-0490 Ext. 200102 |
