Great investment opportunity (12% cap rate) in the heart of the downtown business district! $45,120/year gross income. 4 apartments and 1 storefront. 100% occupied. All apartments are rented for $695/month. The storefront is a consignment shop and is rented for $1000/month. Tenants pay gas/electric and owner pays water, maintenance, trash, common area electric. Completely gutted and remodeled with new roof, walls, electric, plumbing, furnaces, and all apartments are brand new inside (kitchen, appliances, baths). Coin Laundry in 2nd floor hallway. Permits were pulled for all work and city approved. Call list agent for showing instructions.
Commercial Information
General Information
Property Type
Commercial Sale
County
Butler
Subdivision
Middletown South
Zip Code
45044
Listing Number
1782188
Property Features
Basement
Concrete, Full
Parking
On Street
Heating
Forced Air
Cooling
None
Additional Information
Levels
Two
Construction
Brick
Lot Dimensions
.07
Water
Public
Foundation
Stone
Occupancy
Subject To Tenant Rights
Request more info about this property:
This listing courtesy of Mindy Baumann (866-212-4991), EXP Realty, LLC (8662124991). All Information is believed accurate, but is NOT guaranteed.
The data relating to the real estate for sale on this web site comes
in part from the Broker Reciprocity program of the MLS of Greater
Cincinnati, Inc. Real estate listings held by brokerage firms other
than Cincinnati Condo Connection are marked with the Broker Reciprocity logo
or Broker Reciprocity house icon. The properties displayed may not be
all the properties available through Broker Reciprocity.
