203 W McMillan St - Apartments FOR SALE


Cincinnati, OH 45219- Clifton
$825,000 USD
513-652-4552
203 W McMillan St, Cincinnati, OH for Sale
$825,000 USD
Apartments - FOR SALE
1/57
null | 6.89% Cap Rate

203 W McMillan St
Cincinnati, OH 45219
Clifton


HIGHLIGHTS

  • Five apartments with great rental history sit above a longstanding restaurant (tenant) just a block from University of Cincinnati
  • Designated parking for the restaurant in the rear of the buidling
  • Just steps away from Metro Bus stop

OVERVIEW

This commercial property features a long-standing restaurant tenant on the main level with 5 residential apartments above, 4 of which are already rented (one vacant for immediate showing), providing immediate income. Additionally a storage unit is located on the second floor. Half of the parking spaces in the back are designated for the restaurant. Gross rental income in 2024 of $107,580. Located in a popular area near the University of Cincinnati, this property offers strong rental demand and high visibility. As-is sale.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$92 USD /SF

# OF UNITS

-

CAP RATE

6.89%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

CCM

APN/PARCEL ID

100-0002-0402

ASK ABOUT THIS PROPERTY

Christa ZielkeKeller Williams Seven HillsMore Info
513-652-4552

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Christa ZielkeKeller Williams Seven HillsMore Info
513-652-4552

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.