2334 W Clifton Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2334 W Clifton Ave
4,871 SF Specialty Building Offered at $639,958 CAD at a 5.58% Cap Rate in Cincinnati, OH 45219
Investment Highlights
- proximity to UC, downtown and hospitals
- Property includes a rare/coveted large parking garage for minimum 4 vehicles
- Highly desirable studios and one bedrooms - easy to rent
Executive Summary
Fully-rented, income-producing rental property in ideal proximity to UC, downtown and hospitals! Highly desirable studios and one bedrooms - easy to rent. Property includes a rare/coveted large parking garage, providing covered/off-street parking for tenants. Garage fits 4 to 6 vehicles. All units have been renovated by current owner - all units in great condition. Very well-maintained property. Produces $46,000+ gross (approx. $25,000 net) annually. The perfect investment opportunity you've been waiting for! Can be sold individually or as a package with 258 Warner St. & 2162 Stratford Ave.
Data Room Click Here to Access
Financial Summary (Actual - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$65,873
|
$13.52
|
| Other Income |
$1,069
|
$0.22
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$66,943
|
$13.74
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$31,241
|
$6.41
|
| Net Operating Income |
$35,701
|
$7.33
|
Financial Summary (Actual - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $65,873 |
| Annual Per SF | $13.52 |
| Other Income (CAD) | |
|---|---|
| Annual | $1,069 |
| Annual Per SF | $0.22 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $66,943 |
| Annual Per SF | $13.74 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $31,241 |
| Annual Per SF | $6.41 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $35,701 |
| Annual Per SF | $7.33 |
Property Facts Under Contract
| Price | $639,958 CAD | Building Class | C |
| Price Per SF | $131 CAD | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 4,871 SF |
| Cap Rate | 5.58% | No. Stories | 3 |
| Sale Conditions | Bulk/Portfolio Sale | Year Built/Renovated | 1967/2012 |
| Property Type | Specialty | Parking Ratio | 0.82/1,000 SF |
| Property Subtype | Parking Garage |
| Price | $639,958 CAD |
| Price Per SF | $131 CAD |
| Sale Type | Investment |
| Cap Rate | 5.58% |
| Sale Conditions | Bulk/Portfolio Sale |
| Property Type | Specialty |
| Property Subtype | Parking Garage |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 4,871 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1967/2012 |
| Parking Ratio | 0.82/1,000 SF |
1 of 1
Walk Score ®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 100-0002-0324 | Improvements Assessment | $70,686 CAD |
| Land Assessment | $11,717 CAD | Total Assessment | $82,402 CAD |
PROPERTY TAXES
Parcel Number
100-0002-0324
Land Assessment
$11,717 CAD
Improvements Assessment
$70,686 CAD
Total Assessment
$82,402 CAD
zoning
| Zoning Code | RMX (Designed to encourage a blend of residential, commercial, and sometimes light industrial uses within the same area.) |
| RMX (Designed to encourage a blend of residential, commercial, and sometimes light industrial uses within the same area.) |
1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
2334 W Clifton Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.