Listed by Keller Williams Seven Hills, Keller Williams Advisors
$575,000
Queen City Avenue 1
Details
APN 20200310142
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 4,924
NOI $52,188
Year Built 1900
Acreage 0.046
Multifamily
Marketing description
Great investment opportunity in Cincinnati, OH! This multi-unit property features five 1-bedroom units and one spacious 3-bedroom unit, offering strong income potential. The first floor presents an opportunity for retail or mixed-use commercial space, adding flexibility for investors or owner-operators. Updated furnaces in 2024 provide added value and efficiency. The 3-bedroom unit requires a sprinkler system installation (approx. $60K), presenting an opportunity to increase value and rents. Ideal for investors looking to expand their portfolio with both residential and commercial possibilities.
Listing Contacts
Listed by Keller Williams Seven Hills, Keller Williams Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$52,188.00
$4,349.00/mo
Valuation Metrics
0
DSCR
9.08%
Cap Rate
9.08%
ROI
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