Description
Incredible mixed-use opportunity for 12-unit apt building & laundromat. Nestled between the West End & UC, the 8-unit building on the left contains 6 1-bedroom units & 2 2-bedroom units. Tenants pay electric & rents for $750-$975/mo. The building on the right includes the laundromat & 4 efficiency units above. The owner pays all utilities & rents for $642-$800/mo. 100% occupied w/9 units on mo-to-mo leases. Large, open courtyard on backside of building. 3 2-car garages, currently used for storage can be leased out for additional income. Laundromat is not in operation but includes multiple coin laundry sets that are believed to be in working order. Roof over laundromat is approx 3 years old. Rubber roof on 8-unit building is in good condition but year is unknown. Boiler age is unknown but supports all units. Separate water meters per building. Easy to rent and even without laundromat or garage rental income, generates $113,052/yr. 3 units and common areas available for showings.
-
0BEDS
-
0.34ACRES
-
0BATHS
-
01/2 BATHS
-
14,810SQFT
-
$61$/SQFT
School Ratings & Info
Description
Incredible mixed-use opportunity for 12-unit apt building & laundromat. Nestled between the West End & UC, the 8-unit building on the left contains 6 1-bedroom units & 2 2-bedroom units. Tenants pay electric & rents for $750-$975/mo. The building on the right includes the laundromat & 4 efficiency units above. The owner pays all utilities & rents for $642-$800/mo. 100% occupied w/9 units on mo-to-mo leases. Large, open courtyard on backside of building. 3 2-car garages, currently used for storage can be leased out for additional income. Laundromat is not in operation but includes multiple coin laundry sets that are believed to be in working order. Roof over laundromat is approx 3 years old. Rubber roof on 8-unit building is in good condition but year is unknown. Boiler age is unknown but supports all units. Separate water meters per building. Easy to rent and even without laundromat or garage rental income, generates $113,052/yr. 3 units and common areas available for showings.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than Apex Group | Keller Williams are marked with the Broker Reciprocity™ logo (the small black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Apex Group | Keller Williams.
Data last updated 2023-12-06T21:13:30.01.