Property Listing No Longer Available for Sale

2301 Salvador Street, Cincinnati, OH

Multi-family for Sale - $535,000 - 16,602 Sq. Ft.


Property Info

CIMLS#455767
Location
  2301 Salvador Street
  Cincinnati OH 45230
UpdatedJune 6th, 2012
TypeMulti-family
Price$535,000
Building16,602 Sq. Ft.

Property Description

Salvador Point is a 20 Unit apartment building located in the Mt. Washington Sub-Market of Cincinnati.

The property features:

Separately Metered Electricity,

Well Maintained Throughout,

Mostly Agency Tenants (non Section 8)

Tenant Utility Reimbursement (some of the units)

Predominantly 2 Bedroom units

Under Market Rents - Upside Potential

Motivated Sellers - Any Reasonable Offer Considered!

Roof Recently Replaced (+/- 3 years ago)

Walking distance to Kroger

On the Bus Line

Strong Rental Market

Location Description:

Mount Washington is a neighborhood on the east side of Cincinnati, Ohio, United States. It is located about ten minutes east of Downtown via Columbia Parkway. As one of Cincinnati's 52 neighborhoods, Mount Washington lies within the city corporation limits, and borders the Cincinnati neighborhoods of California, Linwood, and the East End, as well as unincorporated Anderson Township, Hamilton County, Ohio. Mount Washington, originally an independent community, was annexed by the City of Cincinnati in 1911.

Highlights:

>> Stabilized Asset

>> Stable Rental Market

>> Well Maintained Property

>> Value Add Opportunity - Under Performing Property

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Financials