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$239,900
-- Bed
- -- Bath
2,038sqft
506 Maple St, Elmwood Place, OH 45216
$239,900
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Triplex
Built in 1870
$-- HOA
0.09 acre lot
$118/sq.ft
Description
Investor opportunity with immediate cash flow! Fully occupied triplex generating $2,850/month ($34,200 annually). Unit mix includes one studio ($850), one 1-bedroom ($900), and one 2-bedroom ($1,100). Major updates include remodeled kitchens and baths, new laminate flooring, carpet, paint, lighting, updated electrical and plumbing, newer appliances, and a new hot water tank. The roof and furnace are approximately 4 years old, helping minimize capital expenditures. Ideal for investors seeking a stabilized asset with reliable income and value-add potential through future rent increases. Convenient location with strong rental demand. 24-hour notice required for all showings ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1870
HOA Fees
-
Finished Area
2,038 sqft
Lot Size
0.09 acre lot
Basement Area
- sqft
MLS Name
Cincinnati MLS
MLS Number
1883371
MLS Status
Active
Days on Market
45
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