300 Berry Ave, Bellevue, KY, 41073

300 Berry Ave Bellevue, KY 41073

300 Berry Ave, Bellevue, KY, 41073
300 Berry Ave, Bellevue, KY, 41073 300 Berry Ave, Bellevue, KY, 41073 300 Berry Ave, Bellevue, KY, 41073 300 Berry Ave, Bellevue, KY, 41073 300 Berry Ave, Bellevue, KY, 41073 300 Berry Ave, Bellevue, KY, 41073
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$800,000
Last Verified:
Sep 04, 2024

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Highlights

  • Prime Location: Situated in the desirable Bellevue area, this property is just minutes from downtown Cincinnati, offering tenants easy access to major employers, entertainment, and dining. The charm and convenience of Bellevue make it a sought-after location for renters, ensuring high demand and low vacancy rates.
  • Diverse Unit Mix: The property features a variety of floor plans, catering to different tenant needs and maximizing your rental income potential. This flexibility makes it easier to attract and retain quality tenants, providing stable, long-term cash flow.
  • Strong Market Fundamentals: Bellevue’s rental market is thriving, driven by its unique blend of small-town charm and proximity to urban amenities. With the area’s continued growth and revitalization, this property is positioned to benefit from increased property values and rental rates over time.
  • Well-Maintained Property: This multi-family building has been well cared for, reducing immediate capital expenditure needs and providing peace of mind. The updated systems and solid construction minimize maintenance costs, maximizing your return on investment.
  • Value-Add Opportunity: While the property is already performing well, there’s still room to enhance its value. With strategic upgrades or cosmetic improvements, you can further increase rental income and boost the overall value of the asset, making this an ideal investment for those looking to add immediate equity.

Description

Discover an exceptional investment opportunity at 300 Berry Ave, Bellevue, KY—a charming 7-unit multi-family property that’s perfect for investors looking to expand their portfolio. Located in the heart of Bellevue, this property offers the best of both worlds: the tranquility of a residential neighborhood with the convenience of urban amenities just minutes away.

Each unit has been thoughtfully designed to provide comfortable living spaces that tenants will love. With a mix of floor plans, this property caters to a variety of renters, making it a versatile addition to your investment portfolio. The property is well-maintained, ensuring low upkeep costs and steady rental income. The unit mix is six one bedrooms and one studio.

Bellevue’s growing demand for quality rental housing makes this an opportunity you won’t want to miss. With its proximity to local shops, dining, and entertainment, 300 Berry Ave is positioned to attract long-term tenants, providing you with consistent cash flow and a strong return on investment.

Whether you're a seasoned investor or just starting to build your portfolio, this 7-unit gem in Bellevue is a smart move. Contact us today to learn more about how you can make this property your next great investment!

Discover the perfect blend of small-town charm and urban convenience in the bustling district surrounding the property in Bellevue, KY. Located just minutes from downtown Cincinnati, this sought-after area offers a dynamic mix of residential, commercial, and retail spaces. Enjoy easy access to trendy eateries, artisanal shops, and scenic riverfront parks like Bellevue Beach Park. With a vibrant sense of community and a rapidly developing commercial landscape, Bellevue presents an exciting opportunity for investors seeking to capitalize on the area's growth. Explore the potential of this thriving locale as you consider the opportunities awaiting at this prime location.


Year Built: 1885
Building Size: 5350sq ft
Building Class: B
Lot Size: 0.23 acres


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Map of 300 Berry Ave, Bellevue, KY, 41073

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.