BEDS0
BATHS
MLS#1890299
STATUSPending
PROPERTY TYPEMulti Unit - Multiple
SCHOOLCincinnati
Property Description
Investors, take a look at this cash flowing 4 unit property! Each unit offers 2 bedrooms and 1 full bathroom, providing a desirable layout for tenants and strong rental potential. The property features a roof that is only 1 year old, offering added peace of mind for ownership. Units 3 and 4 are both leased at $1,300/month and have been completely updated with new flooring, kitchen cabinets, countertops, appliances, and brand new bathrooms. Units 1 and 2 are currently rented for $1,150/month each, generating a total of $4,900 in monthly rental income, or $58,800 annually. With four separate units and separate electricity meters, recent improvements, a newer roof, and established rental income, this property offers an excellent opportunity for investors looking to add a cash flowing multifamily property to their portfolio. Unit 1 is month to month, all other units leases expires in October 2026.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Central Air
Fireplaces: 0
Heating: Forced Air
Lot Size: 0.13 Acres
Roof Type: Membrane
Stories: 2.0
Taxes: $3,666
Year Built: 1961
Units
Unit Type 1:
Bedrooms: 2
Full Bath(s): 1
Rent: $1150.00
Total Rooms: 5
Unit Type 2:
Bedrooms: 2
Full Bath(s): 1
Rent: $1150.00
Total Rooms: 5
Unit Type 3:
Bedrooms: 2
Full Bath(s): 1
Rent: $1300.00
Total Rooms: 5
Unit Type 4:
Bedrooms: 2
Full Bath(s): 1
Rent: $1300.00
Total Rooms: 5
Feature Descriptions
Days on Site: 19
Exterior: Brick
Fireplace Features: None
Foundation: Slab
Gas: Natural
Parcel #: 113-0003-0116-00
Parking: Onstreet
Sewer: Public Sewer
Total Buildings: 1
Units: 4
Water: Public
Window Features: Insulated
Local Schools
School District: Cincinnati
Listed By / Shown By
Listed By
Agency Name: eXp Realty
Agent Name: Gordon Green
Agency Phone: 8662124991
Shown By
Agent Name: Jay Mattlin
Agent Phone: (740) 974-4190 Cell
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 2,630.23 per month $2,209.52 Principal & Interest $305.50 Property Tax $115.21 Homeowner's Insurance
3631 Washington Avenue | MLS# 1890299
This multi-family property located at 3631 Washington Avenue, Cincinnati, OH 45229 is currently listed for sale with an asking price of $395,000. Washington Avenue is located within the Cincinnati school district. Search Cincinnati real estate on www.brokerjay.com today.