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.
71 days
|
108
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4
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Zillow last checked:
Listing updated:
Listed by:
Andrew Kroeger513-995-4736,
Keller Williams Advisors513-766-9200,
Adam C. Curry513-373-4328,
Keller Williams Advisors
Source: Cincy MLS,MLS#: 1881961Originating MLS: Cincinnati Area Multiple Listing Service
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 12
Heating
Gas, Hot Water
Cooling
Wall Unit(s), Separate Air Conditioning
Features
Windows: Vinyl
Basement: Partial
Has fireplace: No
Fireplace features: None
Interior area
Total structure area: 0
Property
Parking
Total spaces: 15
Parking features: Parking Lot, Concrete, Off Street, Private