4720 Ridge Avenue, Cincinnati, OH 45209

$950,000
6,102
SqFt

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Sold Price
$950,000
List Price
$1,099,000
Status
SOLD
MLS#
1827820
Closing Date
Mar 21, 2025
Lot Size
9,235
Levels
Two
Region
Hamilton-E04
Subdivision
BD Bartons

Property Description

Turnkey OAKLEY Cash Cow! Rare Eight 2 bed/1bath apts in one buidling. LOW MAINTENANCE. Great tenant base. Currently grosses $7,600/mo, could easily get to $9k/mo if rents calibrated to market. Hardwood in every room. Plenty of Parking-Easement with Lot behind building. Owner pays heat (boiler/baseboard), tenants pay electric/cooling. On site Laundry produces extra revenue. Improvements: Majority of bathrooms refinished in last 5 years, EPDM Rubber Roof Replaced '17, Concrete Apron/Sidewalks '24, Replacement Vinyl Windows, Hardwood, , Exterior Paint '24, Carpet to common areas replaced '24. Boiler Serviced Nov '24, Main Gas line replaced '24, Main Water Line and Pressure Valve/Shutoff replaced '24, Landscaped '24, All Exterior/Common Lights LED fixtures.

Additional Information

Lot Dimensions
50 X 184.47
Acres
0.21
Construction
Brick
Roof
Membrane
Basement Desc
None
Garage Desc
None
Cooling
None
Heating
Baseboard
Sewer
Public Sewer
Water
Public
School District
Cincinnati City SD

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Scott Marvin with Team Results Realty

Courtesy of Scott Marvin with Team Results Realty

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