$170,000

3287 Ferncroft Drive

Cincinnati OH, 45211

Description

Value-add property at almost 10% CAP rate. 4 out of 5 units rented. 5th unit in rent ready condition. Rents below market. Recent updates include updated electric panel boxes, new water heater & new roof. Owner-owned coin operated washer & dryer on-site. Opportunity to operate as-is or spruce property up and increase rents.

Details

MLS#1660595
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1959
Days On Site22

Features

Units5
Building(s)1

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Area Information

StateOH
CountyHamilton
CityCincinnati
Zip Code45211
AreaHamilton-W04
Listing VS Median (in 45211)
Price:
$170,000
low | high
Med:
$123,000
77.647058823529% of Average
On Site:
22
low | high
Med:
33
66.666666666667% of Average
Listing Updated: 05/29/2020
MLS Number: 1660595
Listing Provided By:
Rosie Battle  of  Federle Inc.
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the MLS of Greater Cincinnati.