5842 Lathrop Pl, Cincinnati, OH 45224

This property is located in the Cincinnati Neighborhood of College Hill. This urban village offers many styles of homes from old to new. There is quick access to expressways I-75, I-74 and I-275 plus the Ronald Reagan Highway. Driving time to downtown Cincinnati is 20 minutes. Local shopping facilities are excellent along a well-established five-block area of Hamilton Avenue, in the center of College Hill. There are several major department stores, many smaller specialty shops, and numerous restaurants. Mt. Airy Forest, with 2,000 acres, is only 10 minutes away. This property also sits very near to the newly developed area deemed "Northside" on Hamilton Avenue. There are many independent bars and restaurants along this corridor along with new multi-family developments that have been recently built. Lathrop is a quiet street with other multi-family as well as single family residences that surround it. The 3CRE Commercial Real Estate team is proud to present the Lathrop Place 4PLEX for Sale. This property consists of Four 1BR|1BA Units. The building is currently 100% occupied and has a strong history of occupancy. Tenants are responsible for paying their own electric while the landlord is responsible for heat & water. Updates to the building include newer water heaters [one for each apartment], insulated vinyl windows, and brand new wall mounted boiler and expansion tank. The units all contain hardwood floors, through window A/C Units, and updated appliances. Coin Laundry is also available in the walk-out basement. There is off street private parking for the tenants and a garage that could be used to bring in additional income. There is an opportunity to increase the rents for the units which will add value to an oncoming investor and increase the NOI.