$949,000
$50k
503 Woodlawn Ave, Cincinnati, OH 45205
- -Bed
- -Bath
- -SqFt
- -Bed
- -Bath
- -SqFt
- Property TypeCondo
- Year Built1965
- On highrises280 Days
- Garage16 Cars
Property Details
503 Woodlawn offers strong current returns and significant value-add potential through strategic unit renovations, operational improvements, and lease-up of vacant units 16 units- 1BR & 1 BA. 11 units have balconies. Coin operated laundry and individual storage units. 100% occupied, $10, 970 monthly cash flow with room to raise rents! Off street parking lot. Owner pays heat, water, trash and sewer, tenants pay electric. Can be bought as a package deal with 2861 Harrison, 12 units. -New Roof (2021) -Interior renovations in select units -HVAC system upgrades -Updated electrical systems -Common area improvements -Professional landscaping enhancements -New security locks throughout property -Convenient access to major highways and public transportation -Proximity to employment centers and educational institutions -Nearby shopping, dining, and entertainment -Essential services within walking distance
Property Features
Heating and Cooling
- Cooling Features: Wall Unit
- Heating Features: Baseboard, Gas, Hot Water
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Brittany Whitt
- Brokered by:
- RE/MAX Victory + Affiliates
- (937) 874-5787