1988 Lexington Ave, Norwood, OH 45212
1988 Lexington Ave, Norwood, OH 45212,Video Tour
1988 Lexington Ave, Norwood, OH 45212
38
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$550,000
Est. payment /mo
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2,562 SqFt
Active

1988 Lexington Ave Norwood, OH 45212

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DeAsa Taylor

DeAsa Taylor

+1(513) 915-9006

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Fam 2-4 units

Listing Status Active

Purchase Type For Sale

Square Footage 2,562 sqft

Price per Sqft $214

MLS Listing ID 1881211

Year Built 1912

Lot Size 7,492 Sqft

Property Sub-Type Multi Fam 2-4 units

Source Cincinnati Multiple Listing Service

Property Description

Turnkey Cash-Flowing Duplex bringing in over $4,625 per month! Incredible opportunity to own a fully renovated, income-producing property generating $55,500 annually in gross rental income. Both units are fully leased through May 2027, providing immediate cash flow and long-term stability, while tenants pay all utilities, maximizing investor returns. Completely transformed in 2020/2021, this property was gutted down to the studs and extensively renovated, offering peace of mind and minimizing future maintenance concerns. The spacious Unit 1 features 3 bedrooms and 1 full bathroom, while Unit 2 spans the second and third floors and offers 4 bedrooms and 2 full bathrooms, creating strong rental demand and excellent income potential. Four parking spots in the backyard! Whether you're expanding your portfolio or looking for a turnkey investment with stable tenants already in place, this property checks all the boxes!

Location

State OH

County Hamilton

Area Hamilton-E02

Rooms

Basement Full

Interior

Heating Gas

Cooling Central Air

Fireplaces Type None

Window Features Wood

Exterior

Exterior Feature Porch

Parking Features None

View Y/N No

Water Access Desc Public

Roof Type Shingle

Building

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Three

New Construction No

Schools

School District Norwood City Sd

Others

Virtual Tour https://www.zillow.com/view-imx/89adeca9-d717-4c97-97bb-da4862f1c1a4?wl=true&setAttribution=mls&initialViewType=pano

Cincinnati MLS (CincyMLS)
Listed by Coldwell Banker Realty

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DeAsa Taylor

Agent | License ID: 2022000106

+1(513) 915-9006 | dealswithdeasa@gmail.com

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1988 Lexington Ave