Fantastic opportunity to own a 10-unit multifamily property made up of two well-maintained five-unit buildings at 6603 & 6605 Hasler Lane. Each building features spacious one-bedroom, one-bath apartments with updated kitchens showcasing modern backsplashes, refreshed cabinetry, and clean finishes. While not all appliances are new, the interiors are well cared for and in excellent condition. The property is currently achieving average rents of $1,031.88 per unit with room to increase to $1,150 per unit including RUBs (Ratio Utility Billing System). Each building is separately metered and offers ample off-street parking, efficient layouts, and a strong rental history with consistent occupancy. Located in a desirable, high-demand rental area, this property provides steady income with upside potential through light operational improvements. A true turn-key opportunity for any investor seeking a solid, cash-flowing multifamily asset.
Property Features
Heating and Cooling
- Cooling Features: Window Unit
- Heating Features: Baseboard, Radiant
Interior Features
Other Rooms
- Basement Description: Full
Land Info
- Lot Size Acres: 0.143
- Lot Size Square Feet: 6229
Garage and Parking
- Open Parking Spaces: 10
- Parking Features: Assigned, Lot, Driveway, Private
Rental Info
Multi-Unit Info
School Information
- High School District: St Bernard Elmwood P
Homeowners Association
- Maintenance Expense: 5902
Other Property Info
- Source Listing Status: Active
- County: Hamilton
- Other Expense: 1771
- Source Property Type: Residential Income
- Insurance Expense: 5556
- Area: Hamilton-W01
- Source Neighborhood: Hamilton-W01
- New Taxes Expense: 6875
- Parcel Number: 661-0002-0596-00
- Township: Elmwood Place Vlg
- Property Subtype: Apartment
Commercial Info
- Net Operating Income: 68358
Building and Construction
- Total Square Feet Living: 0
- Year Built: 1962
- Construction Materials: Brick
- Foundation Details: Block
- Property Age: 63
- Roof: Membrane
- Levels or Stories: Three
- Structure Type: Apartment 5+
Utilities