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Property Detail

Burnet Avenue
For Sale: 46-Unit Multi-Family Building in Prime Cincinnati Located In Burnet Ave.
$4,200,000

Description

For Sale: 46-Unit Multi-Family Building in Prime Cincinnati Located In Burnet Ave.
Located in one of Cincinnati's most sought-after neighborhoods, this fully leased 46-unit building offers an incredible investment opportunity. Featuring a well-maintained mix of 40 one-bedroom apartments and 6 two-bedroom apartments, this property is a steady source of rental income.
Key Property Highlights:
Unit Breakdown: 40 one-bedroom units and 6 two-bedroom units
Fully Leased: The building is completely occupied, providing immediate cash flow.
Upgraded Units: 2 units have been fully renovated to Class A status, commanding premium rents of $1,100 per month.
Strong Rent Roll: Remaining units are generating between $750 and $850 per month, ensuring consistent and reliable rental income.
Prime Location: Situated in a highly desirable area of Cincinnati, with convenient access to local amenities, transportation, and key business hubs, making it a top choice for tenants.
This well-maintained property is an ideal acquisition for investors seeking a stabilized, high-demand multi-family asset in a rapidly appreciating market. With a mix of upgraded and standard units, the potential for future rent increases makes this an even more attractive long-term investment.
Don't miss out on this exceptional opportunity—schedule a tour today and see for yourself why this property is the perfect addition to your portfolio!

Dolores2535 Burnet Ave

Listing ID : 01004

SKU: 1004

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Price History

DateEventPrice
December 18 2024Listed$4,200,000.00