Multi family opportunity in Sayler Park with excellent occupancy history, consistent rent increases, and many capital expenditure updates during current owner's tenure. Including new windows (36 total), replaced roof (2019) on turns units renovated with flooring, cabinets, counter, appliances, and lighting. 5 patio doors replaced, 10 new entry/storage doors, 6 hvac replaced, exterior paint (2024). Rent roll available - proforma 7.65% cap rate assuming 20% down and interest paid at 6.75%.
General Information
Property Type
Multi Family
Style
Apartment 5+ Units
County
Hamilton
Subdivision
Sayler Park
Zip Code
45233
School District
Cincinnati City SD
Listing Number
1834697
Property Features
Basement
None
Garage
None
Cars
12
Parking
Off Street, Asphalt
Windows
Insulated
Heating
Heat Pump, Electric
Cooling
Wall Unit
Fireplace
None
Multi-Family Information
Total Units
8
1 Bedroom Units
1
2 Bedroom Units
7
Parking Spaces
12
Heat Paid
Tenant
Separate Gas & Elec
Yes
Separate Furnace/AC
Yes/Yes
Gross Income
$86,210.00
Net Operating Income
$18,730.00
Additional Information
Levels
2 Story
Construction
Brick
Gas
None
Water
Public
Sewer
Public
Foundation
Slab
Occupancy
At Closing
Semi-Annual Taxes
$4,113.00
Additional Features
Appliances
8 refrigerator,, 8 oven/range
Other Features
Coin Laundry
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This listing courtesy of Sara Mirus (859-835-6553), eXp Realty (866-212-4991). All Information is believed accurate, but is NOT guaranteed.
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