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5132-5136 Montgomery Rd
Cincinnati, OH 45212

$1,675,000 USD

Apartments For Sale  •  15,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 15,000 SF
  • Lot Size 0.27 AC
  • Building Class C
  • Year Built 1929
  • Cap Rate 12.00 %
45 Transit Score
67 Walk Score

Highlights

Great Location, walk to all necessities. On bus line and close to interstate.
New EPDM rubber roof.
Separately metered w individual gas forced air furnaces.
Refinished hardwood floors, NO carpet!
Very low maintenance requirements with masonry construction and small yard.
Newer windows, kitchens, and baths.

Financial Summary (Proforma)

Net Operating Income: $157,023 USD (2024)
Cap Rate: 12.00 %
Total Expenses: $41,977 USD

Amenities

  • Courtyard
  • Laundry Facilities
  • Storage Space
  • Gas Range
  • Smoke Free
  • Tile Floors
  • Hardwood Floors
  • Tub/Shower
  • Basement
  • Double Pane Windows
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
Cincinnati Union Terminal (Cardinal - Amtrak) 16 min - 9.7 mi
AirportDriveWalkDistance
Cincinnati/Northern Kentucky International 38 min - 21.2 mi

Parking Details

Parking Available: Yes
Reserved: Yes
Spaces Provided: 12
Type: Reserved
Included in Rent: No
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