BEDS0
BATHS
MLS#1886637
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLCincinnati
Property Description
Exceptional investment opportunity in the heart of Walnut Hills! This stately Victorian 8-unit multifamily property offers a highly desirable unit mix of one-, two-, three-, and four-bedroom apartments, appealing to a broad tenant base. Currently 75% occupied, the property generates approximately $111,000 in annual gross income. Six of the eight units were thoughtfully renovated in 2022, minimizing near-term capital expenditures while enhancing rental appeal. Benefit from a valuable TIF tax abatement through 2032, providing significant long-term savings and improved cash flow. A turnkey, income-producing asset in one of Cincinnati's most sought-after and rapidly appreciating neighborhoods.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Window Unit
Fireplaces: 0
Heating: Gas
Lot Size: 0.06 Acres
Roof Type: Membrane
Stories: 3.0
Taxes: $3,392
Feature Descriptions
Days on Site: 1
Exterior: Brick
Fireplace Features: None
Foundation: Stone
Gas: Natural
Miscellaneous: Coin Laundry, Smoke Alarm
Parcel #: 068-0002-0126-00
Parking: Onstreet
Sewer: Public Sewer
Total Buildings: 1
Units: 8
Water: Public
Window Features: Vinyl
Local Schools
School District: Cincinnati
Listed By / Shown By
Listed By
Agency Name: ERA REAL Solutions Realty. LLC
Agent Name: Jessica Bush
Agency Phone: 513-891-9300
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 6,756.59 per month $6,153.09 Principal & Interest $282.67 Property Tax $320.83 Homeowner's Insurance
2335 May Street | MLS# 1886637
This multi-family property located at 2335 May Street, Cincinnati, OH 45206 is currently listed for sale with an asking price of $1,100,000. May Street is located within the Cincinnati school district. Search Cincinnati real estate on www.ikeyrealty.com today.