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.
Property Type | Multi Family |
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Style | Apartment 5+ Units |
Suburb | Elmwood Place |
Zip Code | 45216 |
School District | St Bernard Elmwood P |
MLS# | 1826764 |
Levels | 2 Story |
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Construction | Brick |
Total Acres | 0.143 |
Gas | Natural |
Water | Public |
Sewer | Public |
Foundation | Block |
Occupancy | Tenant Right |
Semi-Annual Taxes | $46,965.00 |
Basement | Full |
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Garage | Attached |
Cars | 0 |
Parking | Off Street |
Windows | Vinyl |
Heating | Baseboard, Hot Water |
Cooling | Window Unit |
Fireplace | Wood |
Other Features | Coin Laundry |
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Total Units | 11 |
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Gross Income | $126,321.00 |
1 Bedroom Units | 10 |
Parking Spaces | 12 |
Heat Paid | Owner |
Separate Gas & Electric | Yes |
Separate Furnace/AC | No |
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Multi Family: Apartment 5+ Units
Listing # 1826764
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.
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.
All information is believed accurate, but NOT guaranteed.
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