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$1,100,000
2215 Salvador Street, Cincinnati, OH 45230
About this home
12-unit multifamily investment opportunity in Cincinnati's Mt. Washington neighborhood offered at a 8.62% cap rate. The property consists of 12 one-bedroom apartments, all units currently occupied. At 100% occupancy, the property generates $12,235 in gross monthly income. The building features boiler heat, separately metered electric, implemented RUBS, and ample surface lot parking. Conveniently located near shopping, dining, and everyday amenities along Beechmont Avenue. Mt Washington is a desirable East Side location making this an attractive investment opportunity with stable returns.
Facts & features
Property
- Property Type
- Residential Income
- Year Built
- 1972
- Lot Size
- 0.25 acres
Listing details
- Price
- $1,100,000
- Status
- Pending
- Days on Market
- 49
- MLS Number
- 1881961
- Listing Agent
- Andrew Kroeger
- Brokerage
- Keller Williams Advisors
Features
- Style
- Apartment
- Basement
- Partial
- Heating
- Natural Gas, Hot Water
- Cooling
- Wall Unit
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
Location
Cincinnati, OH 45230
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