Arlington Heights/Lockland 717-719 Elliott Ave Immeuble residentiel 17 lots 1 097 852 € (64 580 €/Lot) Taux de capitalisation 7,61 % Cincinnati, OH 45215

717-719 Elliot Avenue is comprised of 17 total units (1 unit conversion into laundry room) with 11 one bedroom units and 6 two bedroom units, the owner supplies the heat, water and trash while the tenants pay their own electric and cable. The building has had many updates inside and out the past 10 years including boiler, water heater, roof, soffits, gutters, windows, and many interior updates including flooring, kitchens and appliances. The heat is supplied by a hot water boiler with air conditioning supplied by wall sleeves. Every unit pays a gas/water RUBS charge of $45-$70 per month. Off street parking is available. The building is an all brick/block inside and out providing a low maintenance, low management investment in strong rental market location right on the border of 4 submarkets of Arlington Heights, Reading, Wyoming and Lockland. The property currently boasts a 100% occupancy. The property doesn't allow pets, Section 8 or reduced security deposits.
The owner has a three property portfolio that he'd consider selling them together or individually.