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$ 3,599,000
Est. payment /mo
Active
1964 Westwood Northern Blvd Cincinnati, OH 45225
9.8 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Fam 2-4 units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1869542
Year Built 1968
Lot Size 9.800 Acres
Property Sub-Type Multi Fam 2-4 units
Source Cincinnati Multiple Listing Service
Property Description
Discover an exceptional 40-unit multifamily community located on Westwood Northern Boulevard. With 100% occupancy rate and established waiting list, this well performing asset delivers impressive cash flow and long term upside through market rent growth and potential site expansion opportunities. Ideally positioned just minutes away from downtown Cincinnati, major hospitals and universities. It's also conveniently located along a main transit corridor with driveway access between three Metro bus stops, ensuring continued tenant interest and low vacancy risk. This rare large parcel multifamily site presents a unique opportunity to acquire a stabilized income producing asset within the Cincinnati's urban core with the added benefit of significant excess land for future development. Agent/Owner
Location
State OH
County Hamilton
Area Hamilton-W04
Zoning Residential
Rooms
Basement None
Interior
Heating Forced Air, Gas
Cooling Wall Unit
Fireplaces Type None
Window Features Vinyl
Exterior
Parking Features None
View Y/N No
Water Access Desc At Street
Roof Type Shingle
Building
Foundation Poured
Sewer Public Sewer
Water At Street
Level or Stories Three
New Construction No
Schools
School District Cincinnati City Sd
Listed by New Castle Real Estate, LLC