1 / 7
$275,000
1887 Kahn Avenue, Hamilton, OH 45011
About this home
Turnkey 6-Unit Duplex Portfolio | 8.03% Cap | $66K NOI | Low Taxes Fully stabilized, income-producing portfolio consisting of three side-by-side duplexes in Hamilton, OH. This offer delivers an 8.03% cap rate with $66,237 NOI and $88,800 in gross annual rents ($7,400/month). Properties feature extremely low operating expenses, including $3,973/year total real estate taxes, creating strong and predictable cash flow. Tenants pay gas and electric, further reducing owner expenses, with landlord responsible for water/sewer only. Built in 1997, the assets offer newer construction relative to the area with minimal maintenance requirements. All units are 2b/1ba and is 100% occupied, providing immediate in-place income from day one. Ideal for investors seeking a low-maintenance, high-yield addition to their portfolio with strong fundamentals and operational simplicity. All three duplexes are being sold together only. See parcels P6451-046-000-049 & P6451-046-000-050 for other buildings.
Facts & features
Interior
- Bedrooms
- 4
- Square Feet
- 1,520
Property
- Property Type
- Residential Income
- Year Built
- 1997
- Lot Size
- 0.08 acres
Listing details
- Price
- $275,000
- Status
- Canceled
- Days on Market
- 82
- MLS Number
- 1875654
- Listing Agent
- Dylan Koch
- Brokerage
- Plum Tree Realty
Features
- Style
- Multi Family
- Garage Spaces
- 3
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
Location
Hamilton, OH 45011
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