3068 Sidney Ave - Apartments FOR SALE


Cincinnati, OH 45225- Camp Washington
$349,500 USD
513-477-4111
3068 Sidney Ave, Cincinnati, OH for Sale
$349,500 USD
Apartments - FOR SALE
1/4
null | 11.25% Cap Rate

3068 Sidney Ave
Cincinnati, OH 45225
Camp Washington


HIGHLIGHTS

  • Development Opportunity.
  • Very low maintenance required
  • Historically low vacancies. Great tenant base
  • Great location near University, hospitals, Clifton, Downtown' OTR, Interstates
  • Steps away from community center
  • Off street Parking

OVERVIEW

***********************SELLER FINANCING********************** 20% DOWN, 5% INTEREST, 5 YEAR TERM AMORTIZED OVER 30 YEARS!!!!!!!!!!!!!!!!!!!************************* Two parcel redevelopment opportunity!!! Second parcel has a market value of $85,000 currently with two story barn that could be rented for an additional $5,000/year of income!! The three story three family home is very solid masonry construction. No settlement, no cracks for nearly 140 years! New commercial grade EPDM rubber roof! 2005 renovation included new windows, kitchens, and bathrooms. Refinished original red fir floors. Very large rooms with tall ceilings creating nice character to each apartment. Up and coming neighborhood. CLOSE to the UNIVERSITY of CINCINNATI, Hospitals, Clifton Gaslight business district, OTR, Downtown, Mom 'n 'ems Coffee, Camp Washington Chili, Interstates. Apartment #1: 1 bed/1bath first floor . Front and back covered porches and fenced back yard. Apartment #2: 2 bed/1 bath second floor Apartment #3: 2bed/1bath w office third floor Off street parking for 6 cars!!

FOR SALE DETAILS

PRICE

$349,500 USD

PRICE/SF

$85 USD /SF

# OF UNITS

4

PRICE/UNIT

$87,375

CAP RATE

11.25%

% 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

1891

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

SF2

APN/PARCEL ID

189-0023-0062,189-0023-0063

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 Notice.