BEDS0
BATHS
MLS#1869542
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLCincinnati
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
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Wall Unit
Fireplaces: 0
Heating: Forced Air, Gas
Lot Size: 9.80 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $22,000
Year Built: 1968
Units
Unit Type 1:
Bedrooms: 1
Full Bath(s): 1
Rent: $850.00
Total Rooms: 1
Unit Type 2:
Bedrooms: 1
Full Bath(s): 1
Rent: $850.00
Total Rooms: 1
Unit Type 3:
Bedrooms: 1
Full Bath(s): 1
Rent: $850.00
Total Rooms: 1
Unit Type 4:
Bedrooms: 1
Full Bath(s): 1
Rent: $850.00
Total Rooms: 1
Feature Descriptions
Days on Site: 14
Exterior: Brick
Fireplace Features: None
Foundation: Poured
Gas: At Street
Other Features: Busline Near
Parcel #: 201-0041-0095-00
Parking: Asphalt
Sewer: Public Sewer
Total Buildings: 4
Units: 40
Water: At Street
Window Features: Vinyl
Local Schools
School District: Cincinnati
Listed By / Shown By
Listed By
Agency Name: New Castle Real Estate, LLC
Agency Phone: 513-221-0354
Agent Name: Chinedum Ndukwe
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 23,014.83 per month $20,131.78 Principal & Interest $1,833.33 Property Tax $1,049.71 Homeowner's Insurance
1970 Westwood Northern Boulevard | MLS# 1869542
This multi-family property located at 1970 Westwood Northern Boulevard, Cincinnati, OH 45225 is currently listed for sale with an asking price of $3,599,000. Westwood Northern Boulevard is located within the Cincinnati school district. Search Cincinnati real estate on www.ikeyrealty.com today.