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$750,000

2162 Stratford Avenue, Cincinnati, OH 45219

5,114 sqft
Residential Income
Built in 1885
0.05 acres
20 days on market
MLS# 1832649
$147/sqft

About this home

Fully-rented, income-producing rental property in ideal proximity to UC, downtown and hospitals! Highly desirable studios and one bedrooms - easy to rent. Seven of the nine units have been renovated by current owner - all units in great condition. Very well-maintained property. Produces $83,000+ gross annually. All units rented below market value with immediate potential for nearly $100,000+ gross annual. Current 6.92% CAP rate with immediate opportunity for 9.2% CAP rate when leases renew. The perfect investment opportunity you've been waiting for!

Facts & features

Interior

Square Feet
5,114

Property

Property Type
Residential Income
Year Built
1885
Lot Size
0.05 acres

Listing details

Price
$750,000
Status
Off Market
Days on Market
20
MLS Number
1832649
Listing Agent
Daniel Braun
Brokerage
Comey & Shepherd

Features

Style
Apartment
Basement
Full
Heating
Radiant, Hot Water
Cooling
Window Unit(s)
Roof
Membrane
Sewer
Public Sewer
Water
Public

Location

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