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$426,835 Sold
5617 Kirby Avenue, Cincinnati, OH 45239
About this home
Fully rented 6-unit property in Mt. Airy with a 9.1% cap rate. Three units are long-term rentals, while three operate as Airbnbs, maximizing income potential. The property brings in $7,885/month in gross rents with low expenses. Unit mix includes 5 one-bedrooms and 1 three-bedroom. Solid construction, built with concrete floors and ceilings. Additional income from coin laundry, plus a spacious parking lot for tenants. Owner covers boiler heat, water, and house electric. Turnkey investment with stable returns.
Facts & features
Property
- Property Type
- Residential Income
- Year Built
- 1968
- Lot Size
- 0.3 acres
Listing details
- Price
- $426,835
- Status
- Sold
- Days on Market
- 15
- MLS Number
- 1832740
- Listing Agent
- Andrew Kroeger
- Brokerage
- Keller Williams Advisors
Features
- Style
- Apartment
- Basement
- Full
- Garage Spaces
- 6
- Heating
- Natural Gas, Hot Water
- Cooling
- Window Unit(s)
- Roof
- Membrane
- Sewer
- Public Sewer
- Water
- Public
Location
Cincinnati, OH 45239
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