7508 Elizabeth St

Situated in the heart of Mount Healthy, the Elizabeth Street Apartments benefit from a strategic and convenient location within the Greater Cincinnati area. Mount Healthy is a well-established suburban community known for its quiet residential streets, historic charm, and strong sense of community. The property is just minutes from major thoroughfares such as Hamilton Avenue (US-127) and Ronald Reagan Cross County Highway, providing easy access to downtown Cincinnati, major employment centers, and surrounding neighborhoods. Residents enjoy proximity to local amenities including grocery stores, restaurants, parks, and schools, making it an attractive option for tenants seeking a balance between urban access and suburban comfort. With continued growth and revitalization efforts in the area, Mount Healthy presents a stable rental market with solid demand and long-term investment potential.3CRE is pleased to present the Elizabeth Street Apartments for sale, a well-maintained 5-unit multifamily property consisting of one 2-bedroom, 1-bath unit and four 1-bedroom, 1-bath units. Each unit has separately metered electric, with tenants responsible for electric, gas, and heat, while the landlord covers water and trash. Recently the landlord has Implemented a water fee and recoup the water expense. Major upgrades include the installation of five high-efficiency furnaces and insulated vinyl windows in 2020, three new water heaters in 2019 and 2020, and a new roof within the last ten years. The property also features a full basement with individual storage bays for each unit, and new coin-operated washer and dryer machines in the basement. All units have been fully renovated with updated flooring, kitchens, countertops, bathrooms, and decks. This offering presents a strong in-place cash flow with the opportunity to increase value through continued rent growth.