Completely gutted in 2022, remodeled with a new addition in 2023 and 2024. Commercial Tenant, Dance Factory Fitness, is on the 1st floor with great financials. Has several years and options left on their lease with annual increases. The 2nd and 3rd floors contain 7 brand new apartments with high end amenities and over 1000/SF each with a dedicated parking spot, with a total of 12 Parking spots for the building. Located in the heart of Madisonville with many new shops and restaurants moving in/announced. Surrounded by many high-end neighborhoods in Cincinnati. Building has a LEED Silver 15 year CRA Tax Abatement. Building is in a Qualified Opportunity Zone and eligible for broad capital gain deferrals. Listed at a 7 CAP
General Information
Property Type
Residential Income
Style
Apartment
County
Hamilton
Subdivision
Madisonville
Zip Code
45227
School District
Cincinnati City SD
Listing Number
1863812
Property Features
Basement
Full
Parking
Lot, Off Street, Asphalt
Windows
Wood, Aluminum, Double Hung
Heating
Gas, Forced Air
Cooling
Central Air
Fireplace
None
Multi-Family Information
Total Units
8
1 Bedroom Units
2
2 Bedroom Units
5
Additional Information
Levels
Three+
Construction
Brick, Other
Gas
Natural
Water
Public
Sewer
Public Sewer
Foundation
Poured
Occupancy
Tenant Right
Semi-Annual Taxes
$0.00
Additional Features
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This listing courtesy of Peter Craft (513-505-9100), Lou Park Realty (513-428-9798). All Information is believed accurate, but is NOT guaranteed.
The data relating to the real estate for sale on this web site comes
in part from the Broker Reciprocity program of the MLS of Greater
Cincinnati, Inc. Real estate listings held by brokerage firms other
than Jordan Realtors are marked with the Broker Reciprocity logo
or Broker Reciprocity house icon. The properties displayed may not be
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