2944 Burlington PlCincinnati, OH 45225

Property Details for 2944 Burlington Pl

Year built

1898

Property size (Sq ft)

3,159 SF

Property type

Apartment buildings

Description

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.

Location Insight

City

Cincinnati

County

Hamilton

State

Ohio

Latitude

39.1361

Longitude

-84.5385

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