2302 Salvador St - Apartments FOR SALE


Cincinnati, OH 45230- Mount Washington
$675,000 USD
513-935-0021
2302 Salvador St, Cincinnati, OH for Sale
$675,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

2302 Salvador St
Cincinnati, OH 45230
Mount Washington


OVERVIEW

2302 Salvador Street is a 6-unit turnkey multifamily property offered at an 8% cap rate, delivering strong in-place returns from day one. Located on a quiet street in Mt. Washington, one of Cincinnati’s most dependable East Side submarkets, the asset provides consistent performance in a proven rental location. The property features a desirable unit mix of 3 one-bed units, 2 two-bed units, and 1 three-bed, two-bath unit. Apartments are in great condition with updated interiors, supported by boiler heat and wall AC units. Tenants pay separate electric, and RUBS is already implemented to help offset owner utility expenses and improve operational efficiency. With 13 off-street parking spaces in the front and rear of the building, the property offers a strong amenity that supports tenant demand and retention. Backed by a stable tenant base and proven rental history, 2302 Salvador Street presents a reliable, cash-flowing investment in a high-demand Cincinnati submarket.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$155 USD /SF

# OF UNITS

6

PRICE/UNIT

$112,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1973

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

RM12

APN/PARCEL ID

001-0005-0042

ASK ABOUT THIS PROPERTY

Adam CurryKeller Williams Advisors RealtyMore Info
513-935-0021

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Adam CurryKeller Williams Advisors RealtyMore Info
513-935-0021

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