2162 Stratford Avenue, Cincinnati, OH 45219
- $719,800
- 5,114
- SqFt
- Sold Price
- $719,800
- List Price
- $750,000
- Status
- SOLD
- MLS#
- 1832649
- Closing Date
- Apr 30, 2025
- Lot Size
- 2,265
- Levels
- Three
- Region
- Hamilton-E01
Property Description
Fully-rented, income-producing rental property in ideal proximity to UC, downtown and hospitals! Highly desirable studios and one bedrooms - easy to rent. Seven of the nine units have been renovated by current owner - all units in great condition. Very well-maintained property. Produces $83,000+ gross annually. All units rented below market value with immediate potential for nearly $100,000+ gross annual. Current 6.92% CAP rate with immediate opportunity for 9.2% CAP rate when leases renew. The perfect investment opportunity you've been waiting for!
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Additional Information
- Lot Dimensions
- 25 x 100
- Acres
- 0.05
- Construction
- Stone, Brick
- Roof
- Membrane
- Basement Desc
- Full
- Garage Desc
- None
- Cooling
- Window Unit
- Heating
- Radiant, Hot Water
- Sewer
- Public Sewer
- Water
- Public
- School District
- Cincinnati City SD
Mortgage Calculator
Courtesy of Daniel Braun with Comey & Shepherd
Courtesy of Daniel Braun with Comey & Shepherd
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