4259 Vine St Cincinnati, OH 45217
Stabilized investment property with immediate cash flow and significant rent upside.
Type:Multifamily
Property size:
4,299 SF- Added:
- Mar 2, 2024
- Days on Market:
- 760
- Last Refresh:
- Mar 22 at 8:05 pm
Property Features for 4259 Vine St
General Information
- Standard status
- Active
- Size
- 4,299 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1870
Listing agent Ali Abdur-Rahman License #OH 2004006274
Listing office Plum Tree Realty (513) 443-5060
Listing date Mar 2, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Plum Tree Realty
Overview
Cincinnati Multifamily Investment Opportunity
This multifamily property, located in a desirable Cincinnati neighborhood, presents an investment opportunity with immediate cash flow. The property benefits from its proximity to essential amenities and public transportation. The area is known for its safety, community quality of life, and access to excellent schools and parks. The property is priced to sell at a 7% capitalization rate. The current monthly income is $4,252. There is projected potential to increase the monthly rents to market rents at $7,650. Investing in this property represents not only an acquisition of a property with stable cash flow but also the opportunity to realize additional income through rent optimization. The area's ongoing development signals a positive trajectory for property values and rental rates. The property size is 4299 square feet.
Location Intelligence
Current Use by Public Records
Multifamily properties
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Clermont
- State
- Ohio
- Longitude
- -84.5040598
- Latitude
- 39.1621105
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Stabilized investment property with immediate cash flow and significant rent upside.
Where is this multifamily property located?
The property is located at 4259 Vine St Cincinnati, OH.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Immediate Cash Flow: Currently generating $4,252 monthly income with stable tenants.; Significant Rent Upside: Potential to increase monthly rents to $7,650.; Prime Location: Situated in a desirable Cincinnati neighborhood with access to amenities, transportation, schools, and parks.
