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$290,000 Sold
6011 Vine Street, Elmwood Place, OH 45216
About this home
Attention savvy investors! Secure a high-performing, turnkey 4-unit mixed-use asset in the steady Cincinnati market, priced to sell. Spanning over 5,300 finished square feet, this stabilized property delivers impressive cash flow from Day 1 with a gross monthly income of 4,600 (55,200 annually) and an exceptional estimated cap rate over 10 percent. The strategic unit mix includes three residential apartments and one ground-level commercial space, presenting an ideal blend of rental stability and clear commercial value-add potential. Highlights include a full basement, durable block construction, and recent updates. Perfect for portfolio expansion or an owner-occupied setup. Situated directly on a major public transit line for tenant convenience.
Facts & features
Interior
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 5,343
Property
- Property Type
- Residential Income
- Year Built
- 1920
- Lot Size
- 0.07 acres
Listing details
- Price
- $290,000
- Status
- Sold
- Days on Market
- 13
- MLS Number
- 1880098
- Listing Agent
- Nicholas Huscroft
- Brokerage
- Chosen Real Estate Group
Features
- Style
- Multi Family
- Basement
- Full
- Heating
- Natural Gas, Forced Air
- Cooling
- Window Unit(s)
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
Location
Elmwood Place, OH 45216
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