125 Park Ave, Hamilton, OH 45013
125 Park Ave, Hamilton, OH 45013
125 Park Ave, Hamilton, OH 45013
125 Park Ave, Hamilton, OH 45013
125 Park Ave, Hamilton, OH 45013
125 Park Ave, Hamilton, OH 45013
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Dianna Caldwell

Dianna Caldwell

+1(859) 322-1290
$ 1,250,000
Est. payment | /mo

30,381 SqFt

Save
$ 1,250,000
Est. payment | /mo
Save

30,381 SqFt

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 30,381 sqft

Price per Sqft $41

MLS Listing ID 1891956

Year Built 1908

Lot Size 0.647 Acres

Property Sub-Type Apartment

Source Cincinnati Multiple Listing Service

Property Description

Excellent 16-unit multifamily value-add opportunity offered at $1,250,000 ($78,125/unit). All units have been turned within the past year, with significant upside through interior renovations and rent increases of approximately $360/unit/month. A $400,000 improvement budget provides a clear path to reposition the property, increasing annual rental revenue by approximately $69,252 and moving NOI from $78,125 trailing-three-month annualized to $145,380 stabilized. Favorable lease rollover provides flexibility to begin renovations immediately.

Location

State OH

County Butler

Area Butler-W15

Rooms

Basement Full

Interior

Heating Baseboard, Forced Air

Cooling Window Unit

Fireplaces Type None

Window Features Vinyl

Exterior

Parking Features None

Garage Spaces 16.0

Garage Description 16.0

View Y/N No

Water Access Desc Public

Roof Type Membrane

Building

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Hamilton City Sd

Cincinnati MLS (CincyMLS)
Listed by Outside The Box Real Estate

Nearby Locations

Dianna Caldwell

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(859) 322-1290

dianna.caldwell@exprealty.com

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