3336 Boudinot Ave Cincinnati, OH 45211
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 3336 Boudinot Ave
- Year built
- 1950
- Property type
- Apartment buildings
Description
This exceptional multifamily investment property, located at 3336-3344 Boudinot Avenue in Cincinnati, Ohio, presents a compelling opportunity for discerning investors. The property consists of two buildings totaling 17 units, comprising one studio and sixteen one-bedroom apartments. Built in 1950, this established property boasts a strong current net operating income (NOI) of $97,246, translating to an attractive 7.78% capitalization rate. The asking price is $1,250,000, representing a price per unit of $73,529.41. Situated in the Westwood neighborhood of Cincinnati (zip code 45211), the property benefits from its proximity to a variety of local shops and restaurants, providing convenient amenities for residents. This well-positioned asset offers a solid foundation for immediate cash flow and potential future appreciation. The property's strong occupancy and consistent income stream make it an ideal addition to any investment portfolio. Detailed financial statements are available upon request. This is a rare opportunity to acquire a well-maintained multifamily property in a desirable Cincinnati location. Don't miss out on this chance to secure a profitable investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Hamilton
- State
- Ohio
- Longitude
- -84.6032
- Latitude
- 39.1478
