2850 Observatory Ave, Cincinnati, OH 45208
2850 Observatory Ave, Cincinnati, OH 45208
2850 Observatory Ave, Cincinnati, OH 45208
2850 Observatory Ave, Cincinnati, OH 45208
2850 Observatory Ave, Cincinnati, OH 45208
2850 Observatory Ave, Cincinnati, OH 45208
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Griffin Cook

Griffin Cook

+1(513) 960-7448
$ 795,000
Est. payment | /mo

3,389 SqFt

Save
$ 795,000
Est. payment | /mo
Save

3,389 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Fam 2-4 units

Listing Status Active

Purchase Type For Sale

Square Footage 3,389 sqft

Price per Sqft $234

MLS Listing ID 1897448

Year Built 1920

Lot Size 8,145 Sqft

Lot Dimensions 50 X 150

Property Sub-Type Multi Fam 2-4 units

Source Cincinnati Multiple Listing Service

Property Description

Generational investment opportunity in the heart of Hyde Park! This extraordinary 4-unit estate has been meticulously updated to combine historic elegance with modern luxury, making it a rare crown jewel for discerning investors. The property boasts high-end finishes throughout, including stunning Carrera marble, gourmet kitchens, sleek glass-enclosed showers, beautifully refinished hardwood floors, and masterfully restored Rookwood fireplaces. Beyond its aesthetic appeal, the building offers exceptional peace of mind with extensive capital improvements, featuring updated HVAC, plumbing, and electrical systems, alongside a durable 40-year roof. The asset delivers immediate, strong cash flow across four distinct layouts, featuring two 1-bedroom units renting for $1,000 per month each, a 2-bedroom unit renting for $1,800 per month, and a second 2-bedroom unit commanding $2,000 per month.

Location

State OH

County Hamilton

Area Hamilton-E04

Zoning Multi Family

Rooms

Basement Full

Interior

Heating Gas

Cooling Central Air

Fireplaces Type Electric, Gas

Window Features Double Hung,Wood

Exterior

Parking Features Oversized, Detached

Garage Spaces 4.0

Garage Description 4.0

View Y/N No

Water Access Desc Public

Roof Type Shingle

Building

Foundation Poured

Sewer Public Sewer

Water Public

Level or Stories Three

New Construction No

Schools

School District Cincinnati City Sd

Cincinnati MLS (CincyMLS)
Listed by Ohio Broker Direct

AROUND THE AREA

Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Pets
Education
Local Media

  • Oriental Wok

    2444 Madison Rd, Cincinnati, OH 45208

    Chinese Phone: 513-321-6088

  • LaRosa’s Pizzeria

    2684 Madison Road, Cincinnati, OH 45208

    Pizza Phone: 513-347-1111

  • The 2362

    2362 Dana Ave, Cincinnati, OH 45208

    American (New)

  • 3501 Seoul

    3501 Erie Ave, Cincinnati, OH 45208

    Korean Phone: 513-873-9181

  • Keystone Bar and Grill

    3384 Erie Ave, Cincinnati, OH 45208

    American (Traditional) Phone: 513-321-2150

  • Papa John’s Pizza

    3346 Erie Ave, Cincinnati, OH 45208

    Pizza Phone: 513-321-3233

  • Cork & Cap of Hyde Park

    2637 Erie Ave, Cincinnati, OH 45208

    American (New) Phone: 513-321-5227

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2850 Observatory Ave

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Griffin Cook
Griffin Cook

Luxury Realtor

+1(513) 960-7448 | thecookgrouptcg@gmail.com

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