Turnkey 6-Unit Duplex Portfolio | 8.03% Cap | $66K NOI | Low Taxes Fully stabilized, income-producing portfolio consisting of three side-by-side duplexes in Hamilton, OH. This offer delivers an 8.03% cap rate with $66,237 NOI and $88,800 in gross annual rents ($7,400/month). Properties feature extremely low operating expenses, including $3,973/year total real estate taxes, creating strong and predictable cash flow. Tenants pay gas and electric, further reducing owner expenses, with landlord responsible for water/sewer only. Built in 1997, the assets offer newer construction relative to the area with minimal maintenance requirements. All units are 2b/1ba and is 100% occupied, providing immediate in-place income from day one. Ideal for investors seeking a low-maintenance, high-yield addition to their portfolio with strong fundamentals and operational simplicity. All three duplexes are being sold together only. See parcels P6451-046-000-048 & P6451-046-000-050 for other buildings.
General Information
Property Type
Residential Income
Style
Multi Fam 2-4 units
County
Butler
Subdivision
Hamilton East
Zip Code
45011
School District
Hamilton City SD
Listing Number
1875663
Property Features
Basement
None
Cars
3
Parking
Off Street, Concrete
Windows
Vinyl
Heating
Gas, Forced Air
Cooling
Central Air
Fireplace
None
Multi-Family Information
Total Units
2
2 Bedroom Units
2
Heat Paid
Tenant
Separate Gas & Elec
Yes
Separate Furnace/AC
Yes/Yes
Additional Information
Levels
Two
Construction
Vinyl Siding
Gas
Natural
Water
Public
Sewer
Public Sewer
Foundation
Poured
Occupancy
Tenant Right
Semi-Annual Taxes
$663.00
Additional Features
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This listing courtesy of Dylan Koch (419-953-3432), Plum Tree Realty (513-443-5060). All Information is believed accurate, but is NOT guaranteed.
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