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NavX Realty
lisa@navxrealty.com$ 275,000
Est. payment /mo
Price Dropped by $20K
1887 Kahn Ave Hamilton, OH 45011
1,520 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Fam 2-4 units
Listing Status Active
Purchase Type For Sale
Square Footage 1,520 sqft
Price per Sqft $180
MLS Listing ID 1875654
Year Built 1997
Lot Size 3,654 Sqft
Property Sub-Type Multi Fam 2-4 units
Source Cincinnati Multiple Listing Service
Property Description
Turnkey 6-Unit Duplex Portfolio | 8.03% Cap | $66K NOI | Low Taxes Fully stabilized, income-producing portfolio consisting of three side-by-side duplexes in Hamilton, OH. This offer delivers an 8.03% cap rate with $66,237 NOI and $88,800 in gross annual rents ($7,400/month). Properties feature extremely low operating expenses, including $3,973/year total real estate taxes, creating strong and predictable cash flow. Tenants pay gas and electric, further reducing owner expenses, with landlord responsible for water/sewer only. Built in 1997, the assets offer newer construction relative to the area with minimal maintenance requirements. All units are 2b/1ba and is 100% occupied, providing immediate in-place income from day one. Ideal for investors seeking a low-maintenance, high-yield addition to their portfolio with strong fundamentals and operational simplicity. All three duplexes are being sold together only. See parcels P6451-046-000-049 & P6451-046-000-050 for other buildings.
Location
State OH
County Butler
Area Butler-W14
Zoning Multi Family
Rooms
Basement None
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplaces Type None
Window Features Vinyl
Exterior
Parking Features None
Garage Spaces 3.0
Garage Description 3.0
View Y/N No
Water Access Desc Public
Roof Type Shingle
Building
Foundation Poured
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Hamilton City Sd
Listed by Plum Tree Realty
NavX Realty
Admin