1610 Queen City
Stabilized Cash Flow with Immediate Upside Through Unit Activation 9% Cap
Marketing description
1610 Queen City Ave offers investors the rare combination of in-place income and immediate value-add opportunity. The property is 83% occupied with stable tenants and a proven rent ceiling of $1,500/month.
Additional upside is achieved through the lease-up of a 3-bedroom unit and rent increases, driving projected income to $80,000+ annually. The asset is located in a high-demand rental corridor with excellent access to I-75 and downtown Cincinnati. Ideal for investors looking to execute a straightforward value-add strategy with measurable upside.
Investment highlights
Value-add 6-unit multifamily opportunity
83% occupied with strong in-place cash flow
Proven rent of $1,500/month within property
Additional 3BR unit offers ~$1,400/month upside
$240K potential value creation
Below-market rents with immediate upside
Located on major corridor (Queen City Ave)
Easy access to I-75 and Downtown Cincinnati
Workforce housing with consistent demand
Small, manageable asset for investors
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
