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$ 1,195,000
Est. payment | /mo
$ 1,195,000
Est. payment | /mo
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 1868313
Year Built 1900
Property Sub-Type Apartment
Source Cincinnati Multiple Listing Service
Property Description
Unique opportunity to acquire 974 Dana Ave and 980 Dana Ave as a package offering a combined total of 10 units and 21 bedrooms. Both buildings are 100% occupied with a strong rental history and consistent performance, presenting a stabilized investment in a highly desirable rental corridor. Offering a strong cap rate of approximately 7%. With well maintained units, the property features efficient and functional floor plans, beautiful hardwood floors throughout, on-site laundry, and off-street parking. Properties share a driveway and include two detached garages. Highly sought-after layouts continue to support strong tenant demand and long-term occupancy. Located in desirable North Avondale just minutes from Cincinnati's major medical corridor and steps from Xavier University. Easy access to all major interstates, downtown Cincinnati, and situated directly on the bus line. Same ownership as 1025 and 1029 Dana Ave, presenting additional portfolio potential.
Location
State OH
County Hamilton
Area Hamilton-E01
Zoning Multi Family
Rooms
Basement Full
Interior
Heating Individual, Forced Air
Cooling Window Unit, Central Air
Fireplaces Type None
Inclusions All appliances
Window Features Vinyl
Exterior
Exterior Feature Porch, Balcony
Parking Features Rear, Detached
Garage Spaces 2.0
Garage Description 2.0
View Y/N No
Water Access Desc Public
Roof Type Shingle
Building
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Three
New Construction No
Schools
School District Cincinnati City Sd
Others
Miscellaneous Coin Laundry

Listed by The Barazi Group LLC
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