Triplex in Cincinnati OH

Hamilton County, Cincinnati, OH, 45202
Sold
Listed at: June 12th, 2023
Price
$190,000
ARV
$450,000
Gross Margin
$260,000
Sq. Footage
3504
Type
Multifamily
Parking
On street
Year build
1880
Lot size
0.04 acres
Bedrooms
5
Bathrooms
3
Half Bathrooms
0
Summary

1606 WALNUT STREET CINCINNATI OH 45202

5 BEDROOMS

3 BATHROOMS

TWO TRIPLEX PROPERTIES NEXT DOOR TO EACH OTHER (1606 & 1608 WALNUT ST)

3504 SQ FT LIVING AREA

NEEDS FULL REHAB


CALL/TEXT OR EMAIL ED HAYES TODAY FOR MORE INFO!


EMAIL: DEALS@DEALFLOWTODAY.COM | PHONE: 702-235-2445



Welcome to the stunning triplex located in the vibrant city of Cincinnati, Ohio. This investment property presents an incredible opportunity for those seeking a full gut rehab project. With its spacious layout, excellent location, and potential for multiple rental incomes, this triplex is a promising investment prospect.


Spanning an expansive 3,504 square feet, this triplex offers ample space for future renovations and upgrades. The property comprises three individual units, ensuring versatility and potential for a variety of tenants. Each unit features a comfortable living arrangement, with 5 bedrooms and 3 bathrooms spread across the triplex.


Situated in a desirable location, this property is conveniently close to a plethora of amenities. Residents will enjoy easy access to a diverse range of restaurants, ensuring a delightful culinary experience just moments away. The property's proximity to transportation options adds to its allure, providing convenient commuting and travel opportunities for tenants.


As an investment property, the potential for rental income is exceptional. The triplex's size and layout make it ideal for attracting long-term tenants or even exploring short-term rental options. With some well-planned renovations and modern updates, this property has the potential to generate substantial returns.


Although this triplex requires a full gut rehab, the opportunity to transform it into a lucrative investment is well worth the effort. Investors and seasoned developers will find this property to be a canvas awaiting their creative touch and vision.


Don't miss out on this exciting chance to own a triplex in Cincinnati, Ohio. With its 5 bedrooms, 3 bathrooms, excellent location near amenities and transportation, and a generous 3,504 square feet of space, this investment property is primed to become a prosperous venture. Act now and turn this diamond in the rough into a real estate gem.


HOUSE IS BEING SOLD " AS-IS" WITH NO WARRANTIES OR DISCLOSURES FROM THE SELLER AND BUYER TO PAY ALL CLOSING COSTS AND TRANSFER TAXES WITH THE EXCEPTION OF ANY PRORATED PROPERTY TAXES, LIENS, AND JUDGMENTS UNLESS OTHERWISE AGREED TO IN WRITING BY BOTH PARTIES. Deal Flow Today either owns or has equitable contractual interest in the property. The above marketing piece is referencing the equitable interest/option in the subject property, and recipients of this email are fully aware that the sellers' "equitable interest and contractual obligations" are what is being offered. Cash or hard money ONLY. Buyer is not relying on any representations, whether written or oral, regarding the property above. A minimum $5000.00 non-refundable deposit is due with contract acceptance. PROPERTY WILL BE CONVEYED WITH FREE AND CLEAR MARKETABLE TITLE UNLESS OTHERWISE AGREED IN WRITING BY BOTH PARTIES. NO INSPECTION PERIODS. Buyer to do their own due diligence prior to the seller accepting an offer. Sight unseen offer will require a sight unseen addendum to be executed prior to the acceptance of an offer.
Videos

1606 Walnut St

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

Edward Hayes

No reviews

Disposition manager