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$ 899,000
Est. payment | /mo
2,744 Sqft Lot
$ 899,000
Est. payment | /mo
2,744 Sqft Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1855360
Year Built 1880
Lot Size 2,744 Sqft
Lot Dimensions 45 x 60
Property Sub-Type Apartment
Source Cincinnati Multiple Listing Service
Property Description
Here is your chance to acquire a rare turnkey portfolio in Cincinnati's Brewery District. This package features eight buildings with a total of twenty-five units and a proven track record of strong rental income, producing over $319,000 in annual gross rent. With a package price of 3.19 Million, the mix includes stabilized multi-family buildings, a single-family rental, a vacant lot for future development, and a shell primed for value-add improvements. Properties are strategically clustered along Renner Street, West McMicken Avenue, and Ravine Street, providing scale and efficiency in management. With a combination of cash-flowing units, redevelopment opportunities, and prime location near hospitals, universities, and the ever-expanding OTR corridor, this portfolio offers both immediate income and long-term upside for investors. Seller will entertain individual sales, smaller packages OR one big package and sell this portfolio with CUF student rental portfolio.
Location
State OH
County Hamilton
Area Hamilton-E01
Zoning Multi Family
Rooms
Basement Full
Interior
Heating Forced Air, Gas
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
Others
Miscellaneous Coin Laundry,Cable TV,Smoke Alarm
Listed by Comey & Shepherd