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931 Woodlawn Ave.
Multi-Family Home

Status For Sale
List Price $65,000.00
Units 2
Bedrooms 5
Baths 2.5
Est. Rent $1100.00
SqFt 1920
Lot Info
Year Built 1885
Lot Width 60
Lot Depth 140
Lot Sq. Ft. 8400
Acreage 0.193

I am really excited about this property located on Woodlawn Avenue in East Price Hill. This property is a solid 2 family with completely separated utilities including the water! I do not have the after pictures posted just yet because we are not all the way complete but you can get a general feel for the property from the before pictures. As you may or may not know Price Hill is a historic neighborhood located just west of Cincinnati and one of the first suburbs built around Cincinnati as the citizens were looking to escape the hustle and bustle of the inner city. I really like this area because of all the upside potential. There are a lot of community organizations focusing on Price Hill and especially East Price Hill. And as people continue to downsize and look to neighborhoods closer to the city to save on gas I think that this neighborhood is going to blossom in the comming years. With the addition of the "Incline District" and the new "Super Krogers" shopping center I think the home values are going to start to rise again and so will the demand for rehabbed properties. It is not uncommon to find homes right in the middle of East Price Hill that have sold for 2-3 times as much as this one will when your done with it. There is a bit of demand for higher end homes in this area now and I think it is going to start increasing dramatically when the above mentioned two projects get completed. --------------------------------------------------------This 2 family property has a four bedroom, 1 1/2 bath unit as well as a studio unit! The property has off-street parking, new furnace and water heaters, a formal dining room and a good solid foundation. The studio apartment has separated heat, water and electric. East Price Hill is an up and coming community that is really starting to get some good press. As the price of gas continues to rise neighborhoods that are being turned around like this one are going to continue to appreciate and the demand for homes like this one are going to continue to climb in value. Just look at the auditors page and you will see that this home sold for $96,000 in 2003!
This property already has the 4 bedroom rented for $850 per month!!! The bottom will rent for $300-350 per month!!!
Multi family property with strong rents! 4 bedroom unit with 1.5 bath and a studio! Seperate utilities!
The Price Hill community is being renovated heavily and has major city wide attention!