310 N Cherry St - Apartments FOR SALE


Eaton, OH 45320
$175,000 USD
818-384-6004
310 N Cherry St, Eaton, OH for Sale
$175,000 USD
Apartments - FOR SALE
1/10
null | 12% Cap Rate

310 N Cherry St
Eaton, OH 45320


HIGHLIGHTS

  • Excellent opportunity to invest in desirable Eaton OH
  • Very high rental demand area.

OVERVIEW

What a great opportunity to redevelop this total 14,000+ SF property. It boasts a range of versatile spaces, including a single or four multi-family unit, a fitness facility, a child care facility or a rehabilitation center as there are endless possibilities. Years ago this two story home was the Governor Harris Homestead-Senior Living Center so there is plenty of parking space available on this double lot. The original historic 2 story home built in 1837 offers 2400 SF and in 1970 two assisted living wings were added. Much of the interior has a primer coat of paint and several of the kitchens and bathrooms need updated. A new roof was installed in 2022. The property does offer four meters. Please check with local zoning for any business or residential restrictions or questions. This historic home sits across from the Residences at Eagles Point and within walking distance to downtown Eaton. This prime location and 14,000+ SF is more than just a residence! Embrace this great space with endless possibilities! Please contact Marilyn Haber for all showings and additional information @ 937-477-0698

FOR SALE DETAILS

PRICE

$175,000 USD

PRICE/SF

$19 USD /SF

# OF UNITS

4

PRICE/UNIT

$43,750

CAP RATE

12%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

-

APN/PARCEL ID

M40-0006-0-4-90-100-9000

ASK ABOUT THIS PROPERTY

Robert Lee WaltersLeland PropertiesMore Info
818-384-6004

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Robert Lee WaltersLeland PropertiesMore Info
818-384-6004

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