Cash Flowing Duplex. Unit 1 - 1bed/1bath rented for $650 Month to Month. Unit 2 - 3bed/1bath rented $785 Month to Month. New Windows installed through property. Both units will both need updated to increase to market rents. All Mechanicals are in working condition and bones of property are solid.
4/2 2,969 sq ft
Numbers
Asking- $122,500
ARV - 275,000+
No comparable properties of this size, but here are four rehabbed properties within a few streets of the property.
Comps:
3113 Colerain Ave, Cincinnati, OH 45225
3/2 1,312 sqft PENDING - 275k 2/15/23 - fully rehabbed
3069 Henshaw Ave, Cincinnati, OH 45225
2/1 805 sq ft SOLD - 199k 1/10/2023 - Fully rehabbed and sold this year!
3077 Henshaw Ave, Cincinnati, OH 45225
3/2 2,128 sq ft SOLD - 200k 2/28/2022 - fully rehabbed
3077 Massachusetts Ave, Cincinnati, OH 45225
3/2 1,475 sq ft SOLD - 200k 5/13/2022 - fully rehabbed
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