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Straight Street Apartments 650 Straight St 46 Unit Apartment Building $5,160,845 CAD ($112,192 CAD/Unit) 8.48% Cap Rate Cincinnati, OH 45219

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INVESTMENT HIGHLIGHTS

  • New roofs 2020

EXECUTIVE SUMMARY

46 unit cash flowing property. Just a few blocks from the University. Significant upside potential in a rapidly growing community. Recently appraised for over current asking price. Currently housing around 25% students. Financial documents available

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $5,160,845 CAD
Price Per Unit $112,192 CAD
Sale Type Investment
Cap Rate 8.48%
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 100%
No. Stories 3
Year Built 1963
Parking Ratio 1.09/1,000 SF
Zoning RM2, Cincinnati

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Microwave
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Property Manager on Site
  • Security System
  • Smoke Free
  • Community-Wide WiFi
  • Public Transportation
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 10 - 324 - 550
1+1 26 - 700
2+1 10 - 800 - 808
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37408343

  • Date on Market: 2025-08-25

  • Last Updated:

  • Address: 650 Straight St, Cincinnati, OH 45219

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