Steve Burgess
Listed By
Agency Name: Keller Williams Seven Hills Re
Agency Phone: 513-371-5070
Agent Name: Sean Cole
Shown By
Agent Name: Steve Burgess
Agent Phone: (330) 327-3393
Agency Title: Cutler Real Estate
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Property Description
BOM due to buyer's failure to close. EXCEPTIONAL 4-FAMILY INVESTMENT OPPORTUNITY! Recently updated throughout with modern finishes and efficient mini-split HVAC systems in every unit. This well-maintained property features (2) spacious 2BR/1BA units generating $1,100 & $1,200 monthly, plus (2) cozy 1BR/1BA units at $900 & $880. Total gross rental income: $4,080/month ($48,960 annually). Owner pays water only - tenants pay own gas & electric! Estimated 12.8% cap rate with reduced expense ratio - outstanding return in today's market! All units thoughtfully renovated with contemporary updates that attract quality tenants. Additional income potential with rear garage space. Perfect for investors seeking exceptional cash flow. Modern HVAC systems ensure low maintenance costs. Prime location with easy access to amenities. 24 hour notice required for showings. Only Unit 2 available prior to accepted contract. Agent has ownership interest.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Wall Unit
Days on Market: 171
Fireplaces: 0
Garage: 4
Heating: Individual
Lot Size: 0.21 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $4,800
Year Built: 1955
Feature Descriptions
Exterior: Brick
Fireplace Features: None
Foundation: Poured
Gas: None
Parcel #: 231-0001-0209-00
Parking: Garage
Sewer: Public Sewer
Total Buildings: 1
Units: 4
Water: Public
Window Features: Vinyl
Local Schools
School District: Cincinnati
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Estimated Payment
$ 1,953.79 per month $1,466.14 Principal & Interest $400.00 Property Tax $87.65 Homeowner's InsuranceChange Payment Information
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2503 Flanigan Court | MLS# 1855188
This multi-family property located at 2503 Flanigan Court, Cincinnati, OH 45239 is currently listed for sale with an asking price of $300,500. Flanigan Court is located within the Cincinnati school district. Search Cincinnati real estate on www.steveburgessre.com today.