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$ 1,100,000
Est. payment | /mo
0.25 Acres Lot
$ 1,100,000
Est. payment | /mo
0.25 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1881961
Year Built 1972
Lot Size 0.254 Acres
Property Sub-Type Apartment
Source Cincinnati Multiple Listing Service
Property Description
12-unit multifamily investment opportunity in Cincinnati's Mt. Washington neighborhood offered at a 8.62% cap rate. The property consists of 12 one-bedroom apartments, all units currently occupied. At 100% occupancy, the property generates $12,235 in gross monthly income. The building features boiler heat, separately metered electric, implemented RUBS, and ample surface lot parking. Conveniently located near shopping, dining, and everyday amenities along Beechmont Avenue. Mt Washington is a desirable East Side location making this an attractive investment opportunity with stable returns.
Location
State OH
County Hamilton
Area Hamilton-E07
Rooms
Basement Partial
Interior
Heating Gas, Hot Water
Cooling Wall Unit
Fireplaces Type None
Window Features Vinyl
Exterior
Parking Features None
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
Listed by Keller Williams Advisors
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