• 3084 Celeron Ave, Cincinnati, OH 45209

This property isn't on the market right now.

Property Details

Class A Multi-Family - Value Add Opportunity

Jennifer M. Donathan of KW Commercial and Kyle Woodland of Reinvest Consultants are pleased to present for sale a rare opportunity to own a multi-family in the heart of Oakley. Situated among charming single family homes, old craftsman and cottages abound this property on all sides. This solid brick 17 unit features separate furnaces, central air, separate gas and electric and separate hot water tanks for each unit. The property was completely rehabbed about 8 years ago. The extensive rehab included new electric, plumbing, HVAC, hot water tanks, refinished hardwood floors, new kitchens, bathrooms, windows, parking lot etc. Each unit features gorgeous hardwood floors, gas stoves, 42 inch maple kitchen cabinets, updated bathrooms, 10 foot ceilings throughout. Tenants pay all utilities except for the water and trash. There is on site laundry in the basement with extra storage for tenants. Rents are well below market and can be raised without making an improvements. If all rents are raised to market this would increase the NOI $35,000.

  • Property Type
    Office
  • Submarket
  • Year Built
    1940
  • Total Building Size
    9,552RSF
  • Total Acres
    0.41
  • Property ID
    2128649

Landlord's Leasing Representative

  • Jennifer Donathan
    Keller Williams Advisors Realty