1968 Berkley Ave - Apartments FOR SALE


Cincinnati, OH 45237
$695,000 USD
513-477-4111
1968 Berkley Ave, Cincinnati, OH for Sale
$695,000 USD
Apartments - FOR SALE
1/9
null | 9.5% Cap Rate

1968 Berkley Ave
Cincinnati, OH 45237


HIGHLIGHTS

  • Garage Parking and additional basement Storage
  • Original Tile and Deep Tubs
  • Spacious apartments with refinished Hardwood Floors
  • Original Built in Display Cabinetry

OVERVIEW

*****!!!PRICE REDUCTION!!!**OWNER FINANCING!!** 30% down 6.5% interest 1968 Berkley Ave./5303 Rhode Island Ave., consists of 8 apartments located on the corner of the two streets. Two separate entrances on each street servicing 4 apartments. Well located property to the heart of Norwood, Xavier University and just two blocks north of the Norwood lateral. English Tudor architecture with solid masonry construction, refinished hardwood floors throughout make for very little maintenance. Lots of original charm has been preserved. Tenants pay ALL UTILITIES including house gas, electric, water, sewage and garbage. Additionally, each apt. is separately metered for gas and electric. Tenants pay heating costs!! There are 2 studios, 4 one bedroom one bath and 2 two bedroom one bath apartments. 7 garage parking places plus one additional off street parking places. No Section 8. Personally managed with clean, quite tenants and no vacancies. Coin op laundry and storage in basement. The exterior has been freshly painted and is maintenance free. A video of each apt. can be viewed on YouTube by searching the property address and apt. #.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$124 USD /SF

# OF UNITS

8

PRICE/UNIT

$86,875

CAP RATE

9.5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1933

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

SF-2

APN/PARCEL ID

131-0007-0096

ASK ABOUT THIS PROPERTY

Ben TallarigoTallarigo PropertiesMore Info
513-477-4111

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Ben TallarigoTallarigo PropertiesMore Info
513-477-4111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.