503 Woodlawn Avenue, Cincinnati, OH 45205

Property Description

503 Woodlawn offers strong current returns and significant value-add potential through strategic unit renovations, operational improvements, and lease-up of vacant units 16 units- 1BR & 1 BA. 11 units have balconies. Coin operated laundry and individual storage units. 100% occupied, $10,970 monthly cash flow with room to raise rents! Off street parking lot. Owner pays heat, water, trash and sewer, tenants pay electric. Can be bought as a package deal with 2861 Harrison, 12 units. -New Roof (2021) -Interior renovations in select units -HVAC system upgrades -Updated electrical systems -Common area improvements -Professional landscaping enhancements -New security locks throughout property -Convenient access to major highways and public transportation -Proximity to employment centers and educational institutions -Nearby shopping, dining, and entertainment -Essential services within walking distance

Listing Status:

Active

Date Added:

March 5, 2025 at 06:00AM

Listing Office:

RE/MAX Victory + Affiliates : 513-813-4098

Listing Agent:

Brittany Seither : 513 5182799

MLS ID:

1832194

Interior

• Basement: Partial
• Fireplace: None

Exterior

• Parking: LotOff StreetPrivate

Construction

• Roofing: Composition
• Windows: Aluminum
• General: BrickPoured

Location

• Originating MLS: Cincinnati Multiple Listing Service
• School District: Cincinnati City SD
• County: Hamilton

Lot

• Zoning: 177-0034-0114-00

Utilities

• Water: Public

Financial

• Source: Cincinnati Multiple Listing Service

This listing courtesy of Brittany Seither, RE/MAX Victory + Affiliates