Fully rented 6-unit property in Mt. Airy with a 9.1% cap rate. Three units are long-term rentals, while three operate as Airbnbs, maximizing income potential. The property brings in $7,885/month in gross rents with low expenses. Unit mix includes 5 one-bedrooms and 1 three-bedroom. Solid construction, built with concrete floors and ceilings. Additional income from coin laundry, plus a spacious parking lot for tenants. Owner covers boiler heat, water, and house electric. Turnkey investment with stable returns.
General Information
Property Type
Multi Family
Style
Apartment 5+ Units
County
Hamilton
Subdivision
Mt Airy
Zip Code
45239
School District
Cincinnati City SD
Listing Number
1832740
Property Features
Basement
Full
Garage
None
Cars
6
Parking
Lot, Off Street, Concrete
Windows
Vinyl, Aluminum, Other
Heating
Gas, Hot Water
Cooling
Window Unit
Fireplace
None
Multi-Family Information
Total Units
6
1 Bedroom Units
5
Parking Spaces
6
Heat Paid
Owner
Separate Gas & Elec
Yes
Separate Furnace/AC
No/Yes
Additional Information
Levels
2 Story
Construction
Brick
Gas
Natural
Water
Public
Sewer
Public
Foundation
Poured
Occupancy
Tenant Right
Semi-Annual Taxes
$3,176.00
Additional Features
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This listing courtesy of Andrew J Kroeger (513-995-4736), Keller Williams Advisors (513-766-9200). All Information is believed accurate, but is NOT guaranteed.
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