BRRR it or flip it: Duplex fixer in Cincy! Desirable Madisonville neighborhood

Cincinnati, OH, 45227
Sold
Listed at: October 7th, 2024
Price
$199,500
ARV
$375,000
Gross Margin
$175,500
Sq. Footage
1520
Type
Multifamily
Parking
Detached Garage
Year build
1931
Lot size
0.14 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

Amazing opportunity in sought after Madisonville pocket of Cincy! Here's your chance to flip or BRRR in a nice neighborhood with ample ARV comps.

Price: $199,500

ARV: $375,000+

ARV Rent per unit: $1,600/month

ARV Rent building total: $3,200/month

This up/down duplex comes equipped with a two car detached garage. Each unit has approx 760 sf living area with 2 beds and 1 bath.

The building total sf is 1,520, with 4 beds and 2 baths.

There are 2 furnaces, 1 water tank, 1 electric panel.

There are 2 electric meters, 1 water meter, and 1 gas meter.

The building has an unfinished roomy basement perfect for ample storage space.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Liz Kazeva

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Disposition manager