1132 Franklin Ave, Cincinnati, OH 45237
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1132 Franklin Ave, Cincinnati, OH 45237
1132 Franklin Ave, Cincinnati, OH 45237
1132 Franklin Ave, Cincinnati, OH 45237
1132 Franklin Ave, Cincinnati, OH 45237
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$ 320,000
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1132 Franklin Ave Cincinnati, OH 45237

3,264 SqFt


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Key Details

Property Type Multi-Family

Sub Type Multi Fam 2-4 units

Listing Status Active

Purchase Type For Sale

Square Footage 3,264 sqft

Price per Sqft $98

MLS Listing ID 1898374

Year Built 1928

Lot Size 4,356 Sqft

Lot Dimensions 30x144.74

Property Sub-Type Multi Fam 2-4 units

Source Cincinnati Multiple Listing Service

Property Description

**Great Investment or Owner-Occupant Opportunity!** Beautiful, well-maintained brick 4-family featuring four 1-bedroom units with excellent income potential! Major updates include roof (2021), boiler (2020), and hot water heater (2020). Unit 1 is nearing completion of a full renovation and will be available for owner occupancy prior to closing. Unit 2 rents for $900/month (MTM) with a remodeled bathroom (2025). Unit 3 is fully renovated, renting for $1,050/month, leased through April 2027. Unit 4 rents for $831/month (MTM). **Current rental income of $2,781/month from three units, with potential for rental increases in multiple units!** Great opportunity to expand your portfolio or live in one unit while generating rental income from the others!

Location

State OH

County Hamilton

Area Hamilton-E02

Zoning Multi Family

Rooms

Basement Full

Interior

Heating Hot Water

Cooling Window Unit, Wall Unit

Fireplaces Type None

Window Features Vinyl,Double Hung

Exterior

Exterior Feature Balcony

Parking Features Attached

Garage Spaces 4.0

Garage Description 4.0

View Y/N Yes

Water Access Desc Public

View City

Roof Type Shingle

Building

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Cincinnati City Sd


Cincinnati MLS (CincyMLS)
Listed by Keller Williams Seven Hills Re

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1132 Franklin Ave