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3627 Hillside Ave 3 Unit Apartment Building Offered at $320,922 CAD at a 8.14% Cap Rate Cincinnati, OH 45204

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EXECUTIVE SUMMARY

Investors!! Large 2 family home (with easy finishes to complete for a third unit) with views of the river!! 1-one bedroom unit and 1-two bedroom unit, with a potential 3rd lower level unit with a newly renovated bathroom, waiting for the new buyers finishing touches. Hardwood flooring, views of the river, HUGE yard, off street parking, private courtyard and more! Perfect home to add to a portfolio OR live in one unit and let the tenants pay your mortgage!! Seconds to downtown Cincinnati, Anderson Ferry, and all the relaxing hang outs on the river! Don't miss the chance to pick up this unique riverside multifamily!!

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $46,903 $17.01
Other Income - -
Vacancy Loss $2,345 $0.85
Effective Gross Income $44,558 $16.16
Taxes $3,271 $1.19
Operating Expenses $15,160 $5.50
Total Expenses $18,430 $6.68
Net Operating Income $26,127 $9.47

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $46,903
Annual Per SF $17.01
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $2,345
Annual Per SF $0.85
Effective Gross Income (CAD)
Annual $44,558
Annual Per SF $16.16
Taxes (CAD)
Annual $3,271
Annual Per SF $1.19
Operating Expenses (CAD)
Annual $15,160
Annual Per SF $5.50
Total Expenses (CAD)
Annual $18,430
Annual Per SF $6.68
Net Operating Income (CAD)
Annual $26,127
Annual Per SF $9.47

PROPERTY FACTS

Price $320,922 CAD
Price Per Unit $106,974 CAD
Sale Type Investment
Cap Rate 8.14%
No. Units 3
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.22 AC
Building Size 2,758 SF
No. Stories 4
Year Built 1910
Zoning SF6

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 $1,256 CAD -
2+2 1 $1,675 CAD -
Studios 1 $977.14 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
158-0061-0012
Land Assessment
$3,545 CAD (2024)
Improvements Assessment
$48,827 CAD (2024)
Total Assessment
$52,372 CAD (2024)
Annual Taxes
$3,271 CAD ($1.19 CAD/SF)
Tax Year
2025
  • Listing ID: 37184027

  • Date on Market: 2025-08-08

  • Last Updated:

  • Address: 3627 Hillside Ave, Cincinnati, OH 45204

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