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3131 Gilbert Ave Cincinnati OH

MLS #1512398     Multi Family - Apartment 5+ Units
Sold for $239,000
3131 Gilbert consists of two 2 bed/ 2 bath units and 10 eff. Tenants pay for electric and heat which is provided by electric baseboards. Gilbert offers parking in the rear of the building to accommodate 6-7 cars features new windows, new hot water tank & 7 units rehabbed. 21% Cash on Cash Return, 10.4% CAP.

Directions to

: Victory Pkwy, 3131 Gilbert Ave is contiguous to Walnut Hills HS and backs up to the school fields.

Additional Details For

Sold Price$239,000
Total UnitsMulti Family
Efficiency Units.27 acres
Total Acres0.27
2 Bedroom Units2
Levels3 Story
Parking:Off Street
Suburb:Evanston (Hamilton)
School District:Cincinnati City SD
Lot Dimensions.27 acres
Parking Spaces8
HeatingBaseboard, Individual, Electric
CoolingWindow Unit
Heat PaidTenant
Separate Gas & ElecYes
Separate Furnace/ACYes/Yes
Semi-Annual Taxes$2,094.00
Gross Income$57,349.00
Net Operating Income$28,588.00
Sold on 03-31-2017

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Keller Williams Advisors
Jennifer M Donathan
Office: 513-766-9200
Phone: 513-520-3540
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 Comey & Shepherd 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.