Property Description:
Two-family with 2BR/1BA (2nd floor) + 1BR/1BA (1st floor-Could be 2BR) units, wood floors, detached garage, full basement with laundry area. 1850sf brick building. $1000/month in gross income right now. Long-time, month-to-month tenants would like to stay. Landlord pays water & lawn care. Tenants pay heat. Fully occupied. Needs work. SOLD AS IS.
Gross Income: $12,000/year
Taxes: $2,783/year
Insurance: $1,900/year
Water/Sewer: $2,100/year
Lawncare: $525/year approx.
The building offers several possible options:
- keep tenants and rent as is (rent is $500 for EACH unit)
- Update units and increase rent (tenants are month-to-month)
- Update and convert the building to a single family
Contact Martine Greco, Realtor, Keller Williams Pinnacle Group, with questions or to schedule a showing - (513) 502-0111 or MartineGrecoRealtor@gmail.com. Fully occupied property => 24-hour notice for showings.