217 Loraine Avenue, Cincinnati, OH 45220

Other
THB ฿26,963,029
USD $799,900
Published on: 03 Jan 2025
Last updated on: 15 Jan 2025
217 Loraine Avenue, Cincinnati, OH 45220
217 Loraine Avenue, Cincinnati, OH 45220
217 Loraine Avenue, Cincinnati, OH 45220
+43
217 Loraine Avenue, Cincinnati, OH 45220
  • 43
Property ID: 110096575917
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Multi Fam 2-4 units - Cincinnati, OH

217 Loraine Avenue, Cincinnati, OH 45220
owner/agent  Nestled in the vibrant Gaslight District of Clifton, this stunning multi-family listing is a remarkable investment opportunity for savvy buyers seeking a profitable short-term rental property. This expansive mansion boasts 12 beautifully appointed rooms, each designed to cater to the needs of students, traveling nurses, and short-term rental for guests alike, making it an ideal location for a diverse clientele. The property offers a prime location that is conveniently close to local amenities, restaurants, and attractions, ensuring high occupancy rates and consistent income. In 2022, the income generated from short-term rentals reached an impressive $137,825, with an increase to $178,133 in 2023, showcasing the property's strong revenue potential and $146,222 in 2024.Best of all, this listing comes fully furnished, allowing for a seamless transition for the new owner. This gem in the heart of Clifton is not just a property; it's a lucrative venture waiting to be maximized.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
1,501.39 m2
Building Size
535.59 m2
Year Built
1900
Architecture Style
Other
County
Hamilton
Parcel ID
217-0050-0012-00
Provider
MLS of Greater Cincinnati, Inc.
Brokerage Office Name
eXp Realty
Brokerage Office Phone
(866) 212-4991
Address
217 Loraine Avenue, Cincinnati, OH 45220
Contact Agent
Jennifer Hamad
eXp Realty
300 E Business Way, Suite 200, Cincinnati, OH 45241
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Jennifer Hamad
300 E Business Way, Suite 200, Cincinnati, OH 45241
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      Property ID: 110096575917

      Data provided by MLS of Greater Cincinnati, Inc., MLS #: 1827319
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