Turnkey 11-Door Investment Opportunity in Elmwood Place. Discover a prime small portfolio investment in Elmwood Place, Cincinnati, featuring two 5-unit multifamily buildings and one single-family home, totaling 11 doors and 13 rooms. Multifamily Units: 1-bedroom units with current average rents of $876.50 and proven upside potential to $950. Convenient Management: All properties are adjacent on the same block, streamlining property management and operations. Strong Cash Flow Potential: Consistent rental income with room for value-add increases, ideal for investors seeking immediate returns with upside opportunities. This portfolio presents an attractive option for local and regional investors looking to expand their multifamily holdings with manageable, well-located assets in a growing Cincinnati submarket.
General Information
Property Type
Multi Family
Style
Apartment 5+ Units
County
Hamilton
Subdivision
Elmwood Place
Zip Code
45216
School District
St Bernard Elmwood P
Listing Number
1826764
Property Features
Basement
Full
Garage
Attached
Parking
Off Street
Windows
Vinyl
Heating
Baseboard, Hot Water
Cooling
Window Unit
Fireplace
Wood
Multi-Family Information
Total Units
11
1 Bedroom Units
10
Parking Spaces
12
Heat Paid
Owner
Separate Gas & Elec
Yes
Separate Furnace/AC
No/Yes
Gross Income
$126,321.00
Net Operating Income
$81,257.00
Additional Information
Levels
2 Story
Construction
Brick
Gas
Natural
Water
Public
Sewer
Public
Foundation
Block
Occupancy
Tenant Right
Semi-Annual Taxes
$46,965.00
Additional Features
Other Features
Coin Laundry
Request more info about this property:
This listing courtesy of Brian J Jackson (513-477-9520), Keller Williams Seven Hills Re (513-371-5070). 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.