Rare opportunity to own a 8-unit brick apartment building in desirable Cheviot neighborhood. Property has been well maintained by same owner for 25 years, including new roof and repaved & sealed driveway in past 4 years. Located on a predominantly single-family street, all units are 1 bed/1 bath with long-term tenants in place and potential for upside rent growth. Tenants are all M2M and pay electric and water reimbursement. Basement has shared laundry area and additional tenant storage. One unit is currently vacant for showings. Financials available on MLS and by request.
Property Features
Heating and Cooling
- Cooling Features: Window Unit
- Heating Features: Radiant
Interior Features
Other Rooms
- Basement Description: Full
Land Info
- Lot Size Acres: 0.136
- Lot Size Square Feet: 5924
Garage and Parking
- Open Parking Spaces: 8
- Parking Features: Lot, Onstreet, Driveway
Multi-Unit Info
School Information
- High School District: Cincinnati City SD
Other Property Info
- Source Listing Status: Pending
- County: Hamilton
- Source Property Type: Residential Income
- Area: Hamilton-W04
- Source Neighborhood: Hamilton-W04
- New Taxes Expense: 6733
- Parcel Number: 551-0005-0405-00
- Township: Cheviot City
- Property Subtype: Apartment
Building and Construction
- Total Square Feet Living: 0
- Year Built: 1959
- Construction Materials: Brick
- Foundation Details: Poured
- Property Age: 66
- Roof: Shingle
- Levels or Stories: Two
- Structure Type: Apartment 5+
Utilities