1143 Towne Street

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1143 Towne Street

Cincinnati, OH 45216
Asking Price
$199K
Asset Type
Residential Land
Class
Class B

What's Special

Attention developers, builders, and investors. <p></p><ul><li>​<ul><li>​Two parcels totaling 0.56 acres</li><li>​RM-1.2 Residential Multi-Family zoning </li><li>​Excellent visibility and accessibility </li><li>​Minutes from I-75, Norwood Lateral, and Downtown Cincinnati </li><li>​Near Maketewah Country Club, shopping, dining, and employment centers </li></ul></li></ul>

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NOI
$80,000
Cap Rate
40.20%
DSCR
6.77
Strong
Cash-on-Cash
114.21%
Monthly Payment
$984.543
Annual Cash Flow
$68,185.479

Location & Travel Times