consists of 20 units, featuring a mix of studios, one- bedroom, two-bedroom, and three-bedroom units. There is an opportunity to acquire a neighboring property as well at 1801 Lang Street (Six-Unit Fully Renovated Complex). Fully occupied with stable, long-term tenants, the property generates strong cash flow. Located in the highly sought-after Over-the-Rhine neighborhood, this asset presents an excellent investment opportunity with solid rental demand and value-added opportunity. Fully rehabbed units . Tenants are responsible for heat, electric, and water reimbursement.
General Information
Property Type
Multi Family
Style
Apartment 5+ Units
County
Hamilton
Subdivision
City
Zip Code
45202
School District
Cincinnati City SD
Listing Number
1833132
Property Features
Basement
Full
Garage
None
Parking
Onstreet
Windows
Vinyl, Insulated
Heating
Electric
Cooling
Wall Unit
Fireplace
None
Multi-Family Information
Total Units
20
Efficiency Units
6
1 Bedroom Units
11
2 Bedroom Units
1
Heat Paid
Tenant
Separate Gas & Elec
Yes
Separate Furnace/AC
Yes/Yes
Gross Income
$268,596.00
Net Operating Income
$169,417.00
Additional Information
Levels
3 Story
Construction
Brick
Gas
Natural
Water
Public
Sewer
Public
Foundation
Stone
Occupancy
Tenant Right
Semi-Annual Taxes
$6,951.00
Additional Features
Appliances
Stover, Refrigerator, Oven, Washer,Dryer
Request more info about this property:
This listing courtesy of Tryfon T Christoforou (513-490-6881), 3CRE Residential Advisors, LLC (513-745-9333). 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 Hoeting Realtors are marked with the Broker Reciprocity logo
or Broker Reciprocity house icon. The properties displayed may not be
all the properties available through Broker Reciprocity.
