Property Listing No Longer Available for Sale

1850 Bising Avenue, Cincinnati, OH

Multi-family for Sale - $139,900 - 3,360 Sq. Ft.


Property Info

CIMLS#456136
Location
  1850 Bising Avenue
  Cincinnati OH 45239
UpdatedMay 17th, 2012
TypeMulti-family
Price$139,900
Building3,360 Sq. Ft.

Property Description

This is an excellent opportunity to own a stabilized, well maintained and financeable Class ?B? property in a Class ?B? location. The community features two 1-bedrooms and two 2-bedroom units. There have been many improvements including new windows, roofs and appliances and through the wall a/c units as needed. Bathrooms feature tile flooring and tile in the bathtub. Very attractive tenant base, 3 of the 4 tenants have made the property home for up to 17 years. This property can be purchased with 1812 Compton consisting of 10 units see agent for details.

Location Description:

The property is located in the Village of North College Hill a tight knit community with many long term homeowners and generations of families living in the area. North College Hill is a small, northern suburb of Cincinnati with a diverse population of 10,082. The district is located approximately 15 minutes from downtown Cincinnati. NCH just completed the construction of their new schools in 2010 totaling just over $38 million.

Highlights:

>> Part Of A Portfolio Can Be Sold Separately

>> 9.31% CAP on 2010 Actuals

>> 100% Occupied - Long Term Tenants Most 10+ Years

>> Motivated Sellers Moving To The West Coast

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Financials