Completely gutted in 2022, remodeled with a new addition in 2023 and 2024. Commercial Tenant, Dance Factory Fitness, is on the 1st floor with great financials. Has several years and options left on their lease with annual increases. The 2nd and 3rd floors contain 7 brand new apartments with high end amenities and over 1000/SF each with a dedicated parking spot, with a total of 12 Parking spots for the building. Located in the heart of Madisonville with many new shops and restaurants moving in/announced. Surrounded by many high-end neighborhoods in Cincinnati. Building has a LEED Silver 15 year CRA Tax Abatement. Building is in a Qualified Opportunity Zone and eligible for broad capital gain deferrals. Listed at a 7 CAP
Property Features
Interior Features
- Security System
- Intercom
- Fire Sprinkler
- 220 Volt
- Storage Area
- Window Features: Aluminum, Double Hung, Wood
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Forced Air, Gas
- Heating: Yes
Other Rooms
- Basement Description: Full
Exterior and Lot Features
Garage and Parking
- Garage Description: Carport
- Open Parking Spaces: 12
- Parking Features: Asphalt, Lot, Off Street
Home Features
Multi-Unit Info
School Information
- High School District: Cincinnati City SD
Other Property Info
- Source Listing Status: Active
- County: Hamilton
- Source Property Type: Residential Income
- Area: Hamilton-E04
- Source Neighborhood: Hamilton-E04
- Parcel Number: 036-0003-0110-00
- Property Subtype: Apartment
Building and Construction
- Total Square Feet Living: 0
- Year Built: 1925
- Construction Materials: Brick
- Foundation Details: Poured
- Property Age: 100
- Roof: Membrane, Wood
- Levels or Stories: Three
- Structure Type: Apartment 5+
Utilities