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Buy a multi-family propertyat 2512 Highland Ave Unit 2516, Cincinnati, OH 45219

$2,000,000

$0/mo

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Multifamily

469 Days on market

1762030 MLS ID

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About 2512 Highland Ave Unit 2516 multi-family property

Amazing opportunity to add this 24 unit apartment to your portfolio! Seconds to the University of Cincinnati, Downtown Cincinnati, Over the Rhine and hospitals. Perfect for short term rentals to increase cash flow and add value! Private parking lot, highly desirable area!! Don't miss your chance to make add this to your portfolio!
Amazing opportunity to add this 24 unit apartment to your portfolio! Seconds to the University of Cincinnati, Downtown Cincinnati, Over the Rhine and hospitals. Perfect for short term rentals to increase cash flow and add value! Private parking lot, highly desirable area!! Don't miss your chance to make add this to your portfolio!

Property details

Basement

Basement: "Full"

Building

Construction Materials: "Brick"

2 Buildings

24 Units Total

Property Sub Type: Multi Family

Year Built: 1952

Cooling

Cooling: "Window Unit(s)"

Disclosures

Disclaimer: Information has not been verified, is not guaranteed and subject to change.

Expenses

Insurance Expense: $7,321

Maintenance Expense: $20,430

Water Sewer Expense: $10,132

Fireplaces

Fireplace Features: "None"

Foundation

Foundation Details: "Poured"

Heating

Heating: "Electric", "Baseboard"

Income

Gross Income: $204,300

Net Operating Income: $117,349

Listing

Contract Status Change Date: 2023-01-13

194 cumulative days on market:

194 days on market:

Expiration Date: 2023-12-31

List Price: $2,000,000

Listing Contract Date: 2023-01-13

On Market Date: 2023-01-13

Original Entry Timestamp: 2023-01-13 05:00:00

Original List Price: $2,000,000

Special Listing Conditions: "Third Party Approval"

Standard Status: Active

Location

City: Cincinnati

County Or Parish: Hamilton

Postal Code: 45219

State Or Province: OH

Lot

Lot Size Area: 0

Lot Size Dimensions: 100 X 150

Lot Size Square Feet: 0

Parking

Open Parking Spaces: 10

Open Parking

Parking Features: "None", "Parking Lot", "Private", "Off Street"

Possession

Possession: "Subject To Tenant Rights"

Property

Zoning Types: "Multi-Family"

Zoning: Multi Family

Roof

Roof: "Composition"

Schools

High School District: Cincinnati City SD

Sewer

Sewer: "Public Sewer"

Taxes

New Taxes Expense: $28,087

Tax Annual Amount: $28,688

Utilities

Water Source: "Public"

Windows

Window Features: "Sliding Window(s)"

Monthly cost

Estimated monthly cost

$14,078/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,880,000

+$60,000

$1,940,000

Seller agent commission$60,000 (3%)*

$0 (0%)

Buyer agent commission$60,000 (3%)*

$60,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:40 p.m.

Data updated: Jul 26, 2023 at 4:16 p.m.

Courtesy of Keller Williams Advisors, (missing listing office phone) and Benjamin Austin, (missing agent phone). This data is up-to-date as of 07/26/2023
The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the MLS of Greater Cincinnati, Inc. Real estate listings held by other brokerage firms other than Abode Technologies, Inc. are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity. 222 W Merchandise Mart Plaza #1212, Chicago, IL 60654 does not display the entire Cincinnati MLS Broker Reciprocity database on this web site. The listings of some real estate brokerage firms have been excluded. The broker providing this data believes it to be correct, but advises interested parties to confirm all information before relying on it in a purchase decision.
Listing Information © 2024 MLS of Greater Cincinnati, Inc. All Rights Reserved.

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