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508 Terrace Avenue, Cincinnati, OH 45220

$469,000
  • 508 Terrace Avenue, Cincinnati, OH 45220 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET3,512 MLS#1870640
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLCincinnati

Property Description

Turn key three family investment property with the opportunity to owner occupy or maximize rental potential with a great location and spacious units. Located in Clifton Gaslight District, recent updates include renovated kitchens and baths in all units, 30 year roof replacement and HVAC updated in 2012, and all water supply lines replaced. The perfect combination of historic details & modern updates with hardwood floors, french doors, and brick fireplaces throughout. Unit 1 & 3 occupied on month to month basis, Unit 2 is currently vacant. Amenities include shared laundry, basement storage, and detached garage with 2 parking spaces for Unit 1. Unit 1 tenants pay gas & electric. Unit 2&3 gas/electric paid by owner. Owner pays water/sewer/trash for all units.

508 Terrace Avenue | MLS# 1870640

This multi-family property located at 508 Terrace Avenue, Cincinnati, OH 45220 is currently listed for sale with an asking price of $469,000. Terrace Avenue is located within the Cincinnati school district. Search Cincinnati real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Window Unit, Central Air
Fireplaces: 2
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.15 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $9,592
Year Built: 1922

Units

Unit Type 1:
Bedrooms: 2
Full Bath(s): 1
Rent: $1725.00
Total Rooms: 6
Unit Type 2:
Bedrooms: 2
Full Bath(s): 1
Total Rooms: 6
Unit Type 3:
Bedrooms: 1
Full Bath(s): 1
Rent: $870.00
Total Rooms: 3

Feature Descriptions

Exterior: Brick
Fireplace Features: Inoperable
Foundation: Stone
Gas: Natural
Other Features: Busline Near
Parcel #: 214-0002-0052-00
Parking: Onstreet
Sewer: Public Sewer
SQFT Basement: 1392
Total Buildings: 1
Units: 3
Water: Public
Window Features: Wood

Local Schools

School District: Cincinnati

Listed By / Shown By

Listed By

Agency Name: Keller Williams Advisors
Agency Phone: 513-766-9200
Agent Name: Alicia Stoughton

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 3,559.58 per month $2,623.45 Principal & Interest $799.33 Property Tax $136.79 Homeowner's Insurance

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