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Straight Street Apartments 650-660 Straight St 46 Unit Apartment Building $4,858,290 CAD ($105,615 CAD/Unit) 9.01% Cap Rate Cincinnati, OH 45219
Investment Highlights
- Roofs replaced in 2020
- Updated and/or new exterior security doors
Executive Summary
46 Unit cash flowing property just blocks from the University of Cincinnati on a growing Street. This property boasts low vacancy and strong rental history. Call today to schedule a tour!
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,858,290 CAD | Building Class | C |
| Price Per Unit | $105,615 CAD | Lot Size | 1.09 AC |
| Sale Type | Investment | Building Size | 26,000 SF |
| Cap Rate | 9.01% | Average Occupancy | 98% |
| No. Units | 46 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 1.09/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RM2, Cincinnati | ||
| Price | $4,858,290 CAD |
| Price Per Unit | $105,615 CAD |
| Sale Type | Investment |
| Cap Rate | 9.01% |
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.09 AC |
| Building Size | 26,000 SF |
| Average Occupancy | 98% |
| No. Stories | 3 |
| Year Built | 1963 |
| Parking Ratio | 1.09/1,000 SF |
| Zoning | RM2, Cincinnati |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Security System
- Smoke Free
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | $1,079 CAD | 324 - 550 |
| 1+1 | 26 | $1,225 CAD | 700 |
| 2+1 | 10 | $1,322 CAD | 800 - 808 |
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Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 098-0002-0110 | Total Assessment | $9,291 CAD |
| Land Assessment | $1,707 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $7,584 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
098-0002-0110
Land Assessment
$1,707 CAD
Improvements Assessment
$7,584 CAD
Total Assessment
$9,291 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Videos
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Straight Street Apartments | 650-660 Straight St
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