Cincinnati Investment Property For Sale

Cincinnati Investment Property For Sale

If you are in the market for an investment property in Cincinnati, then you need to take a closer look at this fantastic opportunity. Currently tenant-occupied on a month-to-month basis, this property offers great potential for increased equity with some improvements. With a relatively new roof and furnace, this investment promises a hassle-free experience for any investor.

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One of the standout features of this investment property is its roof. With a 3D tile roof, the property exudes a sense of durability and style. This not only adds to the aesthetic appeal but also ensures longevity, reducing any future maintenance costs. A recent replacement of the roof means you can be confident in its condition and focus on other aspects of improving the property.

Cincinnati Investment Property For Sale

Another significant advantage of this investment opportunity is the relatively new furnace. Heating is an essential aspect of any property, and having a furnace that is only 3.5 years old means you won’t have to worry about costly repairs or replacements for the foreseeable future. This is a huge advantage that will attract potential tenants and ensure consistent cash flow.

However, it is important to note that this property is not an FHA candidate. This means that it may not meet certain requirements set by the Federal Housing Administration (FHA) for financing. While this might limit some potential buyers, it also presents an opportunity for investors to purchase this property at a potentially lower price. With some improvements, you can still attract other types of buyers or tenants, and potentially increase the property’s value.

The fact that this property is currently tenant-occupied on a month-to-month basis is another advantage for investors. It means that you can start generating income from day one without the hassle of finding new tenants. This not only provides a steady cash flow but also saves you time and effort in marketing and tenant screening.

Additionally, the option for increased equity through improvements should not be overlooked. By investing in upgrades and renovations, you can significantly enhance the property’s value. Whether it’s updating the kitchen and bathrooms, refreshing the interiors, or enhancing the curb appeal, these improvements can attract higher-paying tenants or potential buyers in the future.

In conclusion, this Cincinnati investment property offers an excellent opportunity for investors looking to increase their equity. With a relatively new roof and furnace, you can expect a hassle-free experience and reduced maintenance costs. While it may not be an FHA candidate, this presents an opportunity to purchase the property at a potentially lower price. The current tenant occupancy ensures immediate income, and with some improvements, you can attract higher-paying tenants or future buyers. Don’t miss out on this great investment opportunity in Cincinnati.

1118 Fairbanks Ave, Cincinnati, OH 45205


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