2215 Salvador Street
Cincinnati, OH 45230

$1,100,000

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Listing Details

$1,100,000
MLS# 1881961
Type Multi Unit - Multiple
Status Active

0.254 acres
Lot Size
1972
Year Built
Cincinnati
Local Schools

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Local Information

Listed By

Agency Name: Keller Williams Advisors
Agent Name: Andrew Kroeger
Agency Phone: 513-766-9200

Shown By

Agency Title: Irongate Inc., Realtors
Agency Phone: 937-426-0800

Home Value Estimate

Description

12-unit multifamily investment opportunity in Cincinnati's Mt. Washington neighborhood offered at a 8.62% cap rate. The property consists of 12 one-bedroom apartments, with 11 of 12 units currently occupied. Assuming 100% occupancy, the property generates $12,235 in gross monthly income. The building features boiler heat, separately metered electric, implemented RUBS, and ample surface lot parking. Conveniently located near shopping, dining, and everyday amenities along Beechmont Avenue. Mt Washington is a desirable East Side location making this an attractive investment opportunity with stable returns.

Features

Wall Unit
0 Fireplace
Gas, Hot Water
3.0 Stories
$4,778 Taxes
Public
Built in 1972

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