1887 Kahn Ave, Hamilton, OH 45011
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1887 Kahn Ave, Hamilton, OH 45011
1887 Kahn Ave, Hamilton, OH 45011
1887 Kahn Ave, Hamilton, OH 45011
1887 Kahn Ave, Hamilton, OH 45011
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Amy Markowski

Amy Markowski

+1(513) 805-8406
$ 275,000
Est. payment /mo
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Price Dropped by $20K

1887 Kahn Ave Hamilton, OH 45011

1,520 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Fam 2-4 units

Listing Status Active

Purchase Type For Sale

Square Footage 1,520 sqft

Price per Sqft $180

MLS Listing ID 1875654

Year Built 1997

Lot Size 3,654 Sqft

Property Sub-Type Multi Fam 2-4 units

Source Cincinnati Multiple Listing Service

Property Description

Turnkey 6-Unit Duplex Portfolio | 8.03% Cap | $66K NOI | Low Taxes Fully stabilized, income-producing portfolio consisting of three side-by-side duplexes in Hamilton, OH. This offer delivers an 8.03% cap rate with $66,237 NOI and $88,800 in gross annual rents ($7,400/month). Properties feature extremely low operating expenses, including $3,973/year total real estate taxes, creating strong and predictable cash flow. Tenants pay gas and electric, further reducing owner expenses, with landlord responsible for water/sewer only. Built in 1997, the assets offer newer construction relative to the area with minimal maintenance requirements. All units are 2b/1ba and is 100% occupied, providing immediate in-place income from day one. Ideal for investors seeking a low-maintenance, high-yield addition to their portfolio with strong fundamentals and operational simplicity. All three duplexes are being sold together only. See parcels P6451-046-000-049 & P6451-046-000-050 for other buildings.

Location

State OH

County Butler

Area Butler-W14

Zoning Multi Family

Rooms

Basement None

Interior

Heating Forced Air, Gas

Cooling Central Air

Fireplaces Type None

Window Features Vinyl

Exterior

Parking Features None

Garage Spaces 3.0

Garage Description 3.0

View Y/N No

Water Access Desc Public

Roof Type Shingle

Building

Foundation Poured

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Hamilton City Sd

Cincinnati MLS (CincyMLS)
Listed by Plum Tree Realty

Nearby Locations

Amy Markowski

Amy Markowski

Realtor® and Owner of The Markowski Team | License ID: SAL.2013001330

+1(513) 805-8406

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1887 Kahn Ave