503 Woodlawn Avenue
Cincinnati, OH 45205
0.66 acres | #1832194
Description
The Harrison & Woodlawn Portfolio offers strong current returns and significant value-add potential through strategic unit renovations, operational improvements, and lease-up of vacant units 16 units- 1BR & 1 BA. 11 units have balconies. Coin operated laundry and individual storage units. 100% occupied, $10,970 monthly cash flow with room to raise rents! Off street parking lot. Owner pays heat, water, trash and sewer, tenants pay electric. Can be bought as a package deal with 2861 Harrison, 12 units. -New Roof (2021) -Interior renovations in select units -HVAC system upgrades -Updated electrical systems -Common area improvements -Professional landscaping enhancements -New security locks throughout property -Convenient access to major highways and public transportation -Proximity to employment centers and educational institutions -Nearby shopping, dining, and entertainment -Essential services within walking distance
Property Details
- Parking FeaturesLot, Off Street, Private
- HeatingBaseboard, Gas, Hot Water
- School DistrictCincinnati City SD
- Parcel Number177-0034-0114-00
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Structure TypeApartment 5+
- RoofComposition
- Original List Price$1,040,000
- CoolingWall Unit
- Cooling FeaturesWall Unit
- Property SubtypeApartment
- CountyHamilton
- Basement DescriptionPartial
- GasNatural
- MLS #1832194
- Cost1040000
- MLS #1832194
- FoundationPoured
- Utility SourcePublic
- Acres0.659
- Year Built1965
- Parking Spaces16
- Stories3
- Basement1
Location
Legal
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Last Updated: . Source: CINCIMLS
Listing Courtesy
Listing Agent: Brittany Seither (#263453)
Listing Office: RE/MAX Victory + Affiliates (#VICT02)
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