1148 Elm Park DrCincinnati, OH 45216

Property Details for 1148 Elm Park Dr

Property size (Sq ft)

2,184 SF

Property type

Residential income homes

Description

This well-maintained duplex in Cincinnati, Ohio, presents a compelling investment opportunity. Located at 1148 Elm Park Dr, 45216, this property boasts a total of 2,184 square feet across two units within a single, two-story building (APN: 116-0001-0135-00). Each unit offers two bedrooms and one bathroom, currently generating substantial rental income. Unit 1 commands a monthly rent of $1,450, while Unit 2 rents for $1,300 per month, both under 12-month leases. Recent upgrades include a brand-new HVAC system (2023), updated kitchens, and renovated bathrooms, minimizing immediate maintenance needs. Unit 1 features a finished basement with potential for conversion into an additional bedroom, increasing the property's value and rental potential. Off-street parking is provided. The property also offers potential for added revenue through the installation of a coin-operated laundry facility. The owner currently covers water and trash disposal for both units, with utilities included in the rent for Unit 1. This turnkey investment is ideally situated in a desirable Cincinnati neighborhood, promising consistent cash flow and long-term appreciation. The asking price for this exceptional property is $349,000.

Location Insight

City

Cincinnati

County

Hamilton

State

Ohio

Latitude

39.1844

Longitude

-84.4793

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