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$ 1,199,000
Est. payment /mo
Price Dropped by $50K
945 Dana Ave Cincinnati, OH 45229
11,533 SqFt
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 11,533 sqft
Price per Sqft $103
MLS Listing ID 1877495
Year Built 1900
Lot Size 0.644 Acres
Property Sub-Type Apartment
Source Cincinnati Multiple Listing Service
Property Description
945 Dana Ave is a fully renovated 11-unit multifamily property in Cincinnati's North Avondale neighborhood, offered at a 7.47% cap rate. The unit mix includes eight 2BR units, two 1BR units, and one 3BR unit, with several units featuring flex den spaces and only 1 unit currently vacant. The property features boiler heat, window AC units, RUBS, and approximately 20 on-site parking spaces. The property blends historic character with modern finishes, including updated unit interiors, marble flooring and new lighting in the common areas, and fresh paint throughout. There is also a value-add opportunity to create an additional unit in the basement. Originally the residence of Archbishop Henry Moeller, 945 Dana Ave offers a unique piece of Cincinnati history.
Location
State OH
County Hamilton
Area Hamilton-E01
Rooms
Basement Full
Interior
Heating Radiant, Gas, Hot Water
Cooling Window Unit, Wall Unit
Fireplaces Type Brick, Stone
Window Features Vinyl
Exterior
Parking Features None
View Y/N No
Water Access Desc Public
Roof Type Shingle,Membrane
Building
Foundation Stone
Sewer Public Sewer
Water Public
Level or Stories Three
New Construction No
Schools
School District Cincinnati City Sd
Listed by Keller Williams Advisors