REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 935,000
Est. payment | /mo
$ 935,000
Est. payment | /mo
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 1873809
Year Built 1885
Property Sub-Type Apartment
Source Cincinnati Multiple Listing Service
Property Description
Turnkey 6-unit multifamily in Cincinnati's Over-the-Rhine with City tax abatement through 2032 (taxes just $1,679/yr). Mix of 3 one-bedroom and 3 studio units. Each unit features separate HVAC, in-unit laundry, and recently renovated. Updated plumbing, electrical, modern interiors, zero deferred maintenance. Hardwired internet system charged back to tenants, security cameras, and ample nearby public parking. Offered at 7.2% cap rate on $8,205/mo current rents. Value-add upside through rent growth as abatement matures and OTR submarket continues to strengthen.
Location
State OH
County Hamilton
Area Hamilton-E01
Rooms
Basement Full
Interior
Heating Individual, Electric, Forced Air
Cooling Central Air
Fireplaces Type None
Window Features Vinyl
Exterior
Parking Features None
View Y/N No
Water Access Desc Public
Roof Type Membrane
Building
Foundation Stone
Sewer Public Sewer
Water Public
Level or Stories Three
New Construction No
Schools
School District Cincinnati City Sd
Listed by Keller Williams Advisors
Prepare Yourself Before Making An Offer For This Home. It Takes Only a Few Minutes.
Calculate This Home's Monthly Payment to See if You Can Afford It.
NEARBY SCHOOLS & PROPERTIES
Contact Our Top Agent To Get More Information On This Property.
MORTGAGE CALCULATOR
Calculate This Home's Monthly Payment to See If You Can Afford it.
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
Ben Wourms - Glasshouse Realty Group
Contact Ben (Top Rated Agent In Cincinnati)
All Stress Of Your Home Loans Is From Now Mine.
Top Rated Lender
Bill Hudson
