Listed by Howard Hanna
$155,000
3141 W Tower Ave, Cincinnati, OH 45238
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 1,728
Units 1
Cap Rate 9.75%
NOI $15,120
Occupancy 100%
Pro-Forma Cap Rate 10.45%
Pro-Forma NOI $16,200
Broker Co-Op Yes
Class B
Year Built 1951
Ownership Principal/NR
Sale Condition 1031 exchange
Attention Investors
Marketing description
Investors, here's a chance to secure a solid rental property with strong cash flow! This charming 2-bedroom home offers a partially finished basement, interior tones that appeal to a wide range of tenants. Situated in a prime location with convenient access to shopping, dining, and major highways, it also features a fully fenced backyard, a fire pit, a covered deck for outdoor living, and a 1-car garage. Currently leased at $1,400/month, lease ends 10/1/26, providing immediate rental income from day one. Whether you're expanding your portfolio or securing your next income stream, this property is a smart addition with built-in cash flow potential.
Listing Contacts
Listed by Howard Hanna
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$15,120.00
$1,260.00/mo
Valuation Metrics
0
DSCR
9.75%
Cap Rate
9.75%
ROI
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