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$ 810,000
Est. payment | /mo
0.3 Acres Lot
$ 810,000
Est. payment | /mo
0.3 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1879850
Year Built 1986
Lot Size 0.300 Acres
Property Sub-Type Apartment
Source Cincinnati Multiple Listing Service
Property Description
9-unit property located in Mt. Washington, offered at an 8.5% cap rate. The unit mix consists of eight one-bedroom apartments and one studio, with 1 current vacancy. At 100% occupancy, gross rents total $8,914/month, with RUBS implemented and charged back to tenants. Each unit features PTAC systems with electric paid directly by tenants, keeping owner expenses lean. The property is built on slab, has gated access, and 9 on-site parking spaces.
Location
State OH
County Hamilton
Area Hamilton-E07
Rooms
Basement None
Interior
Heating Electric
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 Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Cincinnati City Sd
Listed by Keller Williams Advisors
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