Log In/Sign Up
Your email has been sent.
4125 Chambers St 2 Unit Apartment Building $202,058 CAD ($101,029 CAD/Unit) 3.29% Cap Rate Cincinnati, OH 45223
INVESTMENT HIGHLIGHTS
- Duplex - ARV of $300,000+
- Desirable location in Northside
- Value add opportunity
- Part of a portfolio of 4 buildings / 9 units, can be sold separately or together
EXECUTIVE SUMMARY
Excellent opportunity to acquire a duplex in the heart of Northside's urban revitalization. The property consists of two 1 bedroom, 1 bath units. Owner pays for heat and water, tenants pay electric. Both units are occupied by long term tenants. Rents are $725 & $675. Annual gross income is $16,800. The property is perfectly positioned for renovation with an ARV of $300,000+/-.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$22,262
|
$14.49
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$22,262
|
$14.49
|
| Taxes |
$5,495
|
$3.58
|
| Operating Expenses |
$10,114
|
$6.58
|
| Total Expenses |
$15,609
|
$10.16
|
| Net Operating Income |
$6,653
|
$4.33
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $22,262 |
| Annual Per SF | $14.49 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $22,262 |
| Annual Per SF | $14.49 |
| Taxes (CAD) | |
|---|---|
| Annual | $5,495 |
| Annual Per SF | $3.58 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $10,114 |
| Annual Per SF | $6.58 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $15,609 |
| Annual Per SF | $10.16 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $6,653 |
| Annual Per SF | $4.33 |
PROPERTY FACTS
| Price | $202,058 CAD | Building Class | C |
| Price Per Unit | $101,029 CAD | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 1,536 SF |
| Cap Rate | 3.29% | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1880 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | SF2 - Zoning district is intended for moderate-density single-family residential use. | ||
| Price | $202,058 CAD |
| Price Per Unit | $101,029 CAD |
| Sale Type | Investment |
| Cap Rate | 3.29% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 1,536 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1880 |
| Opportunity Zone |
Yes |
| Zoning | SF2 - Zoning district is intended for moderate-density single-family residential use. |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $969.44 CAD | - |
1 1
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 221-0019-0065 | Total Assessment | $70,142 CAD |
| Land Assessment | $28,958 CAD | Annual Taxes | $5,495 CAD ($3.58 CAD/SF) |
| Improvements Assessment | $41,185 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
221-0019-0065
Land Assessment
$28,958 CAD
Improvements Assessment
$41,185 CAD
Total Assessment
$70,142 CAD
Annual Taxes
$5,495 CAD ($3.58 CAD/SF)
Tax Year
2024
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
4125 Chambers St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.