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2335 May Street, Cincinnati, OH
Exceptional investment opportunity in the heart of Walnut Hills! This stately Victorian 8-unit multifamily property offers a highly desirable unit mix of one-, two-, three-, and four-bedroom apartments, appealing to a broad tenant base. Currently 75% occupied, the property generates approximately $111,000 in annual gross income. Six of the eight units were thoughtfully renovated in 2022, minimizing near-term capital expenditures while enhancing rental appeal. Benefit from a valuable TIF tax abatement through 2032, providing significant long-term savings and improved cash flow. A turnkey, income-producing asset in one of Cincinnati's most sought-after and rapidly appreciating neighborhoods.
Property Details
| Property Type | Residential |
|---|---|
| Mls # | 1886637 |
| LotSize | 0.06 acres |
| Property Subtype | Apartment |
| Exterior Types | brick |
| Heating Fuels | natural gas |
| Parking Types | on street |
| Num Of Floors | 0 |
|---|---|
| Roof Types | membrane |
| School District | Cincinnati City SD |
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