Listed by Ellsbury Group
$889,000
2356-2358 Harrison Avenue, Cincinnati, Ohio
Details
Property Type Multifamily
Sub Type Apartment Building
Units 18
Year Built 1976
Buildings 2
Multifamily | 18 Units | $49,389/unit
Marketing description
18 condo units offered out of 32 total across 2 16-unit buildings. All units feature 2 bedrooms and 1 bathroom.
17/18 units are renovated. Room to push in-place rents and rent out vacant units at market.
HOA fee covers all utilities except for each unit's electric bill which can be transferred to tenant upon lease up. Additionally it covers property insurance for the building, all common area/building maintenance/CAPEX, landscaping, and snow removal.
Opportunity to achieve a true 12% CAP rate upon lease up of the remaining units.
Listing Contacts
Listed by Ellsbury Group
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