2944 Burlington PlCincinnati, OH 45225

For Sale
$260,500

Turnkey triplex near UC & hospitals. High occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
91
This meticulously renovated (2023) two-story, three-unit apartment building presents a compelling investment opportunity in Cincinnati's desirable Clifton neighborhood. The property, located at 2944 Burlington Pl, boasts a total of 3,159 square feet and is currently 100% occupied, generating immediate cash flow. Each unit is a spacious one-bedroom apartment, perfectly suited for students attending the nearby University of Cincinnati or professionals working at the major hospitals in the area. The building's Class C designation reflects its solid construction and recent upgrades. Built in 1898, the property benefits from a complete renovation completed in 2023, ensuring modern amenities and reduced maintenance concerns. The convenient location offers easy access to I-75 and public transportation, with a bus stop within walking distance. The property is zoned for multi-family use and is offered at $260,500, representing a price per square foot of $82.46 and a price per unit of $86,833.33. This turnkey investment is ideal for a 1031 exchange and is held under corporate ownership. The Hamilton County APN is 188-0013-0128-00. This exceptional property is poised for continued success and offers a strong return on investment.

Highlights

  • Excellent proximity to the University of Cincinnati and Clifton's major hospitals.
  • Easy access to I-75.
  • Short walk to public transportation.

Property Details for 2944 Burlington Pl

Property type
Multifamily properties, Apartment buildings
Square Feet
3,159 SF
Class
C
Year Built/Renovated
1898/2023
Buildings
1
Stories
2
Units
3

Location Insight

City
Cincinnati
County
Hamilton
State
Ohio
Latitude
39.136125114328
Longitude
-84.538455140202
2944 Burlington Pl, Cincinnati, Ohio

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2944 Burlington Pl
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