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$ 495,000
Est. payment /mo
New
221 Renner St Cincinnati, OH 45214
1,960 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Fam 2-4 units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1855304
Year Built 1910
Lot Size 1,960 Sqft
Lot Dimensions 40 x 50
Property Sub-Type Multi Fam 2-4 units
Source Cincinnati Multiple Listing Service
Property Description
Here is your chance to acquire a rare turnkey portfolio in Cincinnati's Brewery District. This package features eight buildings with a total of twenty-five units and a proven track record of strong rental income, producing over $319,000 in annual gross rent. With a package price of 3.19 Million, the mix includes stabilized multi-family buildings, a single-family rental, a vacant lot for future development, and a shell primed for value-add improvements. Properties are strategically clustered along Renner Street, West McMicken Avenue, and Ravine Street, providing scale and efficiency in management. With a combination of cash-flowing units, redevelopment opportunities, and prime location near hospitals, universities, and the ever-expanding OTR corridor, this portfolio offers both immediate income and long-term upside for investors. Seller will entertain individual sales, smaller packages OR one big package and sell this portfolio with CUF student rental portfolio
Location
State OH
County Hamilton
Area Hamilton-E01
Zoning Multi Family
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling Window Unit, Central Air
Fireplaces Type None
Window Features Vinyl
Exterior
Parking Features None
View Y/N Yes
Water Access Desc Public
View City
Roof Type Membrane
Building
Foundation Stone
Sewer Public Sewer
Water Public
Level or Stories Three
New Construction No
Schools
School District Cincinnati City Sd
Others
Miscellaneous Coin Laundry,Cable TV,Smoke Alarm
Listed by Comey & Shepherd
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