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4 Poplar St
Cincinnati, OH 45216
Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Building Size | 9,600 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.25/1,000 SF |
| Lot Size | 0.25 AC | ||
| Zoning | ML | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 9,600 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | ML |
ABOUT 4 POPLAR ST , CINCINNATI, OH 45216
Jennifer Donathan of KW Commercial is pleased to present a well maintained 12 unit townhome complex in Elmwood Place one of Cincinnati's many suburban neighborhoods. The property is being offered free and clear and is a good candidate for new conventional financing. The community consists of 12 two bedroom, one bath townhomes situated in 3 contiguous buildings. The property boasts many capital improvements over the years, including newer windows, vinyl siding, blacktop parking lot, privacy fencing, water saver toilets, shower heads and faucets, furnaces, kitchens, and bathroom vanities . The property is 100% occupied. This is an excellent turn key project that is being offered for sale for the first time in 30+ years. The property has little to no deferred maintenance. All units are painted the same, every door is master keyed which makes for easy maintenance and turnovers. All 12 units have hardwood on the 2nd floor, 4 units have hardwood on the 1st floor and 8 units have tile on the 1st floor. The only carpeting is on the stairs. The units are 768 square feet. The tenants enjoy private entrances, private/enclosed court yard or patios, onsite coin laundry and ample off-street parking. Tenants pay heat, electric, hot water and owner pays water and trash. The units are on average $50 under market.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | $786.50 | 768 |
PROPERTY TAXES
| Parcel Number | 661-0002-0629 | Improvements Assessment | $100,352 |
| Land Assessment | $18,760 | Total Assessment | $119,112 |
PROPERTY TAXES
