Investment Property in Sharonville
Other - Sharonville Ohio
Welcome to 3530 Cornell Drive in downtown Sharonville. This property is extremely unique for the market. In its current state, it is a 2-family which has tenants on a month to month lease term. Those two units create $900/month each.
The uniqueness of this property is that it has 2 approved studio apartments in the lower level, which unfortunately were damaged by a 100yr flood event in May 2022. Servpro managed the remediation by removing drywall, cabinetry, etc. New furnaces and hot water heaters were installed after this event.
The property is within the FEMA floodplain and does require an additional insurance rider. In 2024, that additional insurance cost is $2600/ annual- this amount is set by the federal government.