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2244 Salvador St
Cincinnati, OH 45230
Gated 9-Unit Apartment Community · Immeuble residentiel Propriété À vendre
·
9 Unités
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Résumé de l'annonce
2244 Salvador Street is a 9-unit turnkey multifamily property offered at an 8.5% cap rate, located in Cincinnati's established Mt. Washington neighborhood. The property features eight one-bedroom apartments and one studio, with one current vacancy. At 100% occupancy, monthly rents total $8,864, with RUBS implemented and charged back to tenants, reducing owner utility cost.
Each unit is equipped with PTAC heating and cooling systems, with electric paid directly by tenants, keeping operational costs lean. The building features secure gated access and nine on-site parking spaces, amenities that support tenant retention and occupancy.
Situated near retail, dining, and major commuter routes, 2244 Salvador Street benefits from Mt. Washington's strong rental demand and historically low vacancy. This opportunity offers investors a stabilized asset in one of Cincinnati's most consistent East Side submarkets.
Each unit is equipped with PTAC heating and cooling systems, with electric paid directly by tenants, keeping operational costs lean. The building features secure gated access and nine on-site parking spaces, amenities that support tenant retention and occupancy.
Situated near retail, dining, and major commuter routes, 2244 Salvador Street benefits from Mt. Washington's strong rental demand and historically low vacancy. This opportunity offers investors a stabilized asset in one of Cincinnati's most consistent East Side submarkets.
Faits sur la propriété Sous contrat
| Prix par unité | 126 963 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,30 AC |
| Taux de capitalisation | 8,50% | Taille du bâtiment | 4 274 pi² |
| Nombre d’unités | 9 | Nombre d’étages | 1 |
| Type de propriété | Immeuble residentiel | Année de construction | 1986 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 0,78/1 000 pi² |
| Zonage | RM 1.2 - Designed for multi-family housing, such as apartments, townhouses, and sometimes duplexes, allowing higher density than single-family zones. | ||
| Prix par unité | 126 963 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 8,50% |
| Nombre d’unités | 9 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Classe d’immeuble | C |
| Taille du lot | 0,30 AC |
| Taille du bâtiment | 4 274 pi² |
| Nombre d’étages | 1 |
| Année de construction | 1986 |
| Ratio de stationnement | 0,78/1 000 pi² |
| Zonage | RM 1.2 - Designed for multi-family housing, such as apartments, townhouses, and sometimes duplexes, allowing higher density than single-family zones. |
Impôts fonciers
| Numéro de lot | 001-0002-0149 | Évaluation des bâtiments | 122 005 $ CAD |
| Évaluation du terrain | 26 592 $ CAD | Évaluation totale | 148 597 $ CAD |
Impôts fonciers
Numéro de lot
001-0002-0149
Évaluation du terrain
26 592 $ CAD
Évaluation des bâtiments
122 005 $ CAD
Évaluation totale
148 597 $ CAD
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