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3068 Sidney Ave
Cincinnati, OH 45225
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Development Opportunity.
- Historically low vacancies. Great tenant base
- Steps away from community center
- Very low maintenance required
- Great location near University, hospitals, Clifton, Downtown' OTR, Interstates
- Off street Parking
Executive Summary
***********************SELLER FINANCING********************** 20% DOWN, 5% INTEREST, 5 YEAR TERM AMORTIZED OVER 30 YEARS!!!!!!!!!!!!!!!!!!!*************************
Two parcel redevelopment opportunity!!! Second parcel has a market value of $85,000 currently with two story barn that could be rented for an additional $5,000/year of income!! The three story three family home is very solid masonry construction. No settlement, no cracks for nearly 140 years! New commercial grade EPDM rubber roof! 2005 renovation included new windows, kitchens, and bathrooms. Refinished original red fir floors. Very large rooms with tall ceilings creating nice character to each apartment. Up and coming neighborhood. CLOSE to the UNIVERSITY of CINCINNATI, Hospitals, Clifton Gaslight business district, OTR, Downtown, Mom 'n 'ems Coffee, Camp Washington Chili, Interstates.
Apartment #1: 1 bed/1bath first floor . Front and back covered porches and fenced back yard.
Apartment #2: 2 bed/1 bath second floor
Apartment #3: 2bed/1bath w office third floor
Off street parking for 6 cars!!
Two parcel redevelopment opportunity!!! Second parcel has a market value of $85,000 currently with two story barn that could be rented for an additional $5,000/year of income!! The three story three family home is very solid masonry construction. No settlement, no cracks for nearly 140 years! New commercial grade EPDM rubber roof! 2005 renovation included new windows, kitchens, and bathrooms. Refinished original red fir floors. Very large rooms with tall ceilings creating nice character to each apartment. Up and coming neighborhood. CLOSE to the UNIVERSITY of CINCINNATI, Hospitals, Clifton Gaslight business district, OTR, Downtown, Mom 'n 'ems Coffee, Camp Washington Chili, Interstates.
Apartment #1: 1 bed/1bath first floor . Front and back covered porches and fenced back yard.
Apartment #2: 2 bed/1 bath second floor
Apartment #3: 2bed/1bath w office third floor
Off street parking for 6 cars!!
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Cable Ready
- Storage Space
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Hardwood Floors
- Tub/Shower
- Yard
- Basement
Site Amenities
- Clubhouse
- Fenced Lot
- Laundry Facilities
- Playground
- Pool
- Basketball Court
- Renters Insurance Program
- Smoke Free
- Vintage Building
- Storage Space
- Bicycle Storage
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $885.00 | 750 |
| 2+1 | 2 | $1,185 | 750 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $26,499 | |
| Land Assessment | $4,641 | Total Assessment | $31,140 |
Property Taxes
Parcel Numbers
Land Assessment
$4,641
Improvements Assessment
$26,499
Total Assessment
$31,140
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