2045 Glamorgan St - Apartments FOR SALE


Alliance, OH 44601
$1,134,000 USD
330-829-3917
2045 Glamorgan St, Alliance, OH for Sale
$1,134,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

2045 Glamorgan St
Alliance, OH 44601


OVERVIEW

Investor Alert! Value-add multifamily opportunity with immediate upside! This property features a strong unit mix of eight (8) 2-bedroom units and six (6) 1-bedroom units, currently operating at below-market rents. Current gross income is approximately $7,645/month, offering a clear path to increased cash flow. With modest rent adjustments to market rates, projected gross monthly income jumps to $11,550.00/month, creating a significant upside for investors seeking forced appreciation. Ideal for a hands-on or strategic investor looking to stabilize rents, increase NOI, and unlock long-term value. Solid fundamentals, desirable unit mix, and strong rental demand make this an excellent addition to any multifamily portfolio.

FOR SALE DETAILS

PRICE

$1,134,000 USD

PRICE/SF

$66 USD /SF

# OF UNITS

14

PRICE/UNIT

$81,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,498 SF

ZONING

-

APN/PARCEL ID

07700458

ASK ABOUT THIS PROPERTY

Tracy WhaleyKeller Williams Legacy GroupMore Info
330-829-3917

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Tracy WhaleyKeller Williams Legacy GroupMore Info
330-829-3917

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