5208 Globe Ave - Apartments FOR SALE


Cincinnati, OH 45212- Norwood
$224,900 USD
513-520-3540
5208 Globe Ave, Cincinnati, OH for Sale
$224,900 USD
Apartments - FOR SALE
1/1
null | 4.3% Cap Rate

5208 Globe Ave
Cincinnati, OH 45212
Norwood


HIGHLIGHTS

  • Triplex - ARV of $300,000+
  • Part of a portfolio of 4 buildings / 9 units, can be sold separately or together
  • Desirable Norwood location
  • Value add opportunity - below market rents

OVERVIEW

Value add triplex, 1 one bedroom and 2 studio apartments. Rents are $650, $800 and $500. Owner pays heat and water. Tenants pay electric. All brick exterior with pitched roof. Parking is on street. Window units for cooling. Gross income is $23,400/annually. Tenants month to month. Part of a portfolio of 4 properties and 9 units total, can be sold together or separate.

FOR SALE DETAILS

PRICE

$224,900 USD

PRICE/SF

$146 USD /SF

# OF UNITS

3

PRICE/UNIT

$74,967

CAP RATE

4.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1918

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,265 SF

ZONING

R1

APN/PARCEL ID

651-0008-0017

ASK ABOUT THIS PROPERTY

Jennifer DonathanKW CommercialMore Info
513-520-3540

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Jennifer DonathanKW CommercialMore Info
513-520-3540

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