Log In/Sign Up
Your email has been sent.
3853 Delmar Ave
Cincinnati, OH 45211
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Value add opportunity - below market rents
- Well-maintained asset - newer roof, parking lot and windows
- Long term ownership - same owner for past 20+ years
EXECUTIVE SUMMARY
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 pay electric and water reimbursement. Basement has shared laundry area and additional tenant storage. One unit is currently vacant for showings. Financials available by request.
PROPERTY FACTS
| Price Per Unit | $104,520 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 5,200 SF |
| No. Units | 8 | Average Occupancy | 88% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1959 |
| Apartment Style | Low-Rise | Parking Ratio | 0.38/1,000 SF |
| Building Class | C |
| Price Per Unit | $104,520 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,200 SF |
| Average Occupancy | 88% |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 0.38/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | $1,061 CAD | 545 - 650 |
PROPERTY TAXES
| Parcel Number | 551-0005-0405 | Improvements Assessment | $89,780 CAD |
| Land Assessment | $22,111 CAD | Total Assessment | $111,891 CAD |
PROPERTY TAXES
Parcel Number
551-0005-0405
Land Assessment
$22,111 CAD
Improvements Assessment
$89,780 CAD
Total Assessment
$111,891 CAD
1 of 19
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
