Cincinnati Investment Property For Sale: Great Opportunity for Savvy Investors
If you’re in the market for an investment property in Cincinnati, we have an excellent opportunity for you. This property, currently tenant occupied on a month-to-month basis, offers the potential for increased equity through some strategic improvements. With a relatively new roof and furnace, this investment has the potential to provide you with a long-term stream of income.
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One of the standout features of this property is its 3D tile roof, which not only adds an aesthetically pleasing touch to the property but also ensures durability and longevity. A 3D tile roof is not only visually appealing but also adds value to the property. With a roof that is only 3.5 years old, this eliminates any immediate concerns regarding costly repairs or replacements, allowing you to focus on maximizing the property’s potential.
Similarly, the relatively new furnace is another advantage of this investment property. With a furnace that is approximately 3.5 years old, you can rest assured that the heating system is in good working condition. This eliminates the need for immediate upgrades, saving you both time and money.
While the property may not qualify for an FHA loan, this should not deter seasoned investors who are familiar with alternative financing options. By leveraging different financing strategies, such as conventional loans or cash purchases, you can still capitalize on this incredible investment opportunity.
Furthermore, the fact that the property is currently tenant occupied on a month-to-month lease adds an additional layer of appeal. This means that, upon purchase, you will start generating income immediately, providing you with a steady cash flow from day one. Additionally, if you are an investor experienced in property management, you can explore the potential to increase rental rates or negotiate a longer-term lease with the current tenants.
It’s important to note that this property offers not only immediate income but also the potential for increased equity through strategic improvements. By investing in upgrades and renovations, you can enhance the property’s value, attracting higher-paying tenants or potentially even reselling the property at a profit in the future. With Cincinnati’s real estate market showing positive signs of growth, this investment property could be a wise choice for long-term financial gains.
In conclusion, this Cincinnati investment property presents an excellent opportunity for savvy investors looking to add to their portfolio. With a 3D tile roof and a relatively new furnace, you can rest assured that major structural components are in good condition. Though it may not qualify for an FHA loan, alternative financing options are available to make this investment a reality. Don’t miss out on this chance to generate immediate income and potentially increase equity through strategic improvements. Act now and secure your future in Cincinnati’s thriving real estate market.
1118 Fairbanks Ave, Cincinnati, OH 45205