Description

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, with 11 of 12 units currently occupied. Assuming 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.