2240 Norwood Ave - Apartments FOR SALE


Cincinnati, OH 45212- Norwood
$1,685,000 USD
513-477-4111
2240 Norwood Ave, Cincinnati, OH for Sale
$1,685,000 USD
Apartments - FOR SALE
1/2
null | 9.32% Cap Rate

2240 Norwood Ave
Cincinnati, OH 45212
Norwood


HIGHLIGHTS

  • Excellent central location
  • Solid masonry construction.
  • Refinished hardwood floors and tile bathrooms.
  • Seperate utilities. Tenants pay all utilities including heat, water, sewage, garbage, house gas, and electric.
  • Instant hot water system.

OVERVIEW

SELLER FINANCING AVAILABLE 25% down, 5% interest for up to 5 years, 30 year amortization. No pre payment penalty.

FOR SALE DETAILS

PRICE

$1,685,000 USD

PRICE/SF

$135 USD /SF

# OF UNITS

25

PRICE/UNIT

$67,400

CAP RATE

9.32%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,011 SF

ZONING

GBD

APN/PARCEL ID

651-0015-0055,651-0015-0056

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.