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$ 1,200,000
Est. payment | /mo
$ 1,200,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Fam 2-4 units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1877493
Year Built 1915
Property Sub-Type Multi Fam 2-4 units
Source Cincinnati Multiple Listing Service
Property Description
Excellent location just minutes from the University of Cincinnati, Cincinnati Children's Hospital, UC Health, and Downtown Cincinnati. Located on a corner lot right off busy Vine Street in a high-traffic corridor with strong rental demand. Value-add / redevelopment potential with two adjacent parcels in a busy location, investors may explore future redevelopment opportunities, including a larger multifamily project (buyer to verify zoning and approvals). Excellent turnkey investment with immediate cash flow and long-term upside. DM for financials and additional details. 💰 Gross Income: $113,280/Year 📈 Approx. 7.47% Cap Rate (5% Vacancy Applied) 🏷 Asking Price: $1.2M
Location
State OH
County Hamilton
Area Hamilton-E01
Rooms
Basement Partial
Interior
Heating Gas
Cooling Central Air
Fireplaces Type Gas, None
Window Features Aluminum
Exterior
Parking Features Attached
Garage Spaces 6.0
Garage Description 6.0
View Y/N No
Water Access Desc Public
Roof Type Shingle
Building
Foundation Poured
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Cincinnati City Sd
Listed by Plum Tree Realty