$1,100,000
PENDING

Estimated payment $7,439/month

Total Views 8,805
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • City View
  • 0.18 Acre Lot
  • Heating System Uses Steam
  • Walnut Hills High School Rated A+
  • Attached Garage
  • 4-minute walk to Hopkins Park

About This Home

Welcome to an exceptional investment opportunity in Cincinnati! This 12-unit apartment building, located at 2006 Alvin St, offers a fantastic chance to expand your real estate portfolio. Built in 1965, this three-story complex is situated in a prime location, providing easy access to shopping, dining, and public transportation. Each unit is designed for comfort and convenience, with potential for increases in the rent to market rates. The property boasts tenant parking opportunities, a well-maintained exterior, and a layout that ensures tenant satisfaction. Investors will appreciate the steady rental demand in the area and the opportunity for long-term growth. Whether you're looking to add to your existing portfolio or start fresh with a promising multi-family investment, this 12-unit building is an excellent choice.

Listing Agent

Jonathan Hardy

Keller Williams Seven Hills Re License #2016000849 Listed on: 03/05/2025

Keller Williams Seven Hills Re

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,152

Year Built

  • Built in 1965

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Membrane Roofing

Interior Spaces

  • Vinyl Clad Windows
  • City Views
  • Basement Fills Entire Space Under The House

Parking

  • Attached Garage
  • 6 Open Parking Spaces
  • Rear-Facing Garage
  • On-Street Parking

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

Building Details

  • Insurance Expense $3,600
  • Maintenance Expense $1,000
  • Water Sewer Expense $5,396
  • Gross Income $94,823
  • Net Operating Income $60,449

Additional Features

  • Mt. Auburn Subdivision
  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,152

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Suburb: Mt. Auburn
  • Broker Approved: Yes
  • Miscellaneous: Coin Laundry
  • Census Tract Realist: 22.00
  • Cooling: Wall Unit
  • Heating: Gas, Hot Water
  • Lot Area Realist: 7971.00
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00
  • Suburb S I C: Mt. Auburn
  • Annual Assessment Amount: Of Record
  • Price Per Acre: 6010928.96
  • Year Built: 1965
  • Appliance Include: Oven/Range, Refridgerator, Wall AC
  • Separate Air Condi: Yes
  • Separate Gas Elect: No
  • Lot Measurement: Acres
  • Status: Pending
  • Total Units: 12
  • Property Subtype 1: Apartment
  • StructureType: Apartment 5+
  • Suburb (SIC): Mt. Auburn
  • Occupancy: Tenant Right
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Security System
  • Net Operating Income: 60449.00
  • Property Type: Residential Income
  • Separate Furnace: No
  • Vacancy: 2500
  • Gasand Electric: 3977
  • Heat Paid: Owner
  • Reciprocal Listing: No
  • Semi Annual Taxes: $8076
  • Waste Removal: 1751
  • Water Paid: Owner
  • Basement: Full
  • Levels: Three+
  • Zero Selling Price: No
  • Fireplace: None
  • Windows: Vinyl
  • One Bedroom Rent: 767.00
  • One Bedroom Number of Units: 12

Exterior Features

  • View: City
  • Roof: Membrane
  • Construction: Brick
  • Foundation: Block
  • Listing Price: 1100000.00
  • Acres: 0.1830
  • New Construction: No

Garage/Parking

  • Garage: Built in, Rear
  • Parking Spaces: 6
  • Parking: Onstreet, Garage

Utilities

  • Gas: Natural
  • Sewer: Public Sewer
  • Water Source: Public
  • Water and Sewer: 5396

Condo/Co-op/Association

  • Association: Cincinnati Area Multiple Listing Service
  • Maintenance: 1000.00

Fee Information

  • Taxes: 16153

Schools

  • District: Cincinnati City SD

Lot Info

  • Lot Dimensions: 80 X 100
  • Lot Size Sq Ft: 7971.00

Multi Family

  • Gross Income: 94823.00
  • Total Buildings: 1
  • Insurance: 3600.00

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Pending -- -- --
03/11/2025 03/11/25 For Sale $1,100,000 0.0% --
03/10/2025 03/10/25 Off Market $1,100,000 -- --
03/05/2025 03/05/25 For Sale $1,100,000 0.0% --
01/24/2023 01/24/23 Price Changed $750 +3.4% $1 / Sq Ft
11/01/2022 11/01/22 For Rent $725 0.0% --
03/28/2022 03/28/22 Off Market $560,000 -- --
12/23/2021 12/23/21 Sold $560,000 +6.7% --
09/11/2021 09/11/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $525,000 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

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Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1832353

MLS of Greater Cincinnati (CincyMLS)