For Sale
$445,000

7609 Hamilton Ave Cincinnati, OH 45231

Multi-tenant retail building, strong cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a two-story, 5,710-square-foot retail building situated on a 0.126-acre lot in Cincinnati, Ohio. The property, located at 7609 Hamilton Avenue, boasts a compelling 9% projected cap rate and is priced at $445,000. Built in 1954 and extensively renovated in 2024 (including a new roof), the building comprises four units: two commercial spaces and two apartments. All four units are currently leased, providing immediate and consistent cash flow. A key tenant is the well-established Little Dutch Bakery, a local favorite that continues to thrive. The commercial tenants occupy the first floor, while the rental apartments are located on the second floor. This property offers a rare blend of stable income generation and significant upside potential, making it an ideal addition to any diversified investment portfolio. The property's prime location in Mt. Healthy ensures high visibility and accessibility for both commercial tenants and residential occupants. This is a turnkey investment opportunity with a strong tenant base and a recently completed renovation, minimizing immediate capital expenditure needs. The property's solid financial performance, coupled with its attractive location and recent upgrades, makes it a highly desirable asset in the Cincinnati market.

Highlights

  • Sale Price: $445,000
  • Number of Units: 4 (2 retail, 2 residential)
  • Lot Size: 0.126 Acres
  • Building Size: 5,710 square feet
  • Projected Cap Rate: 9%

Property Details for 7609 Hamilton Ave

Property type
Retail properties
Square Feet
5,710 SF
Year Built/Renovated
1954/2024
Stories
2
Lot Size (sq. ft)
5,489 SF
Units
4

Location Insight

City
Cincinnati
County
Hamilton
State
Ohio
Latitude
39.232932
Longitude
-84.5482977

FAQs

What type of property is this?
Retail property - Multi-tenant retail building, strong cash flow.
Where is the retail property located?
The property is located at 7609 Hamilton Ave Cincinnati, OH.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Sale Price: $445,000; Number of Units: 4 (2 retail, 2 residential); Lot Size: 0.126 Acres
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
7609 Hamilton Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message