5 S River St - Apartments FOR SALE


Franklin, OH 45005
$100,000 USD
614-285-7273
5 S River St, Franklin, OH for Sale
$100,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

5 S River St
Franklin, OH 45005


OVERVIEW

ONLINE ONLY REAL ESTATE AUCTION Bidding will start at $100,000 OR BUY IT NOW For $143,000 Bidding Ends: Wednesday March 18th @ Noon Fully Rented 3-Unit Multifamily | Online Auction + Buy It Now Option Investor opportunity in Franklin. 5 S River St is a 3-unit, fully occupied multifamily producing $1,470/month in current rents. The property offers 1,860 SF with a total of 4 bedrooms and 3.5 baths across a 2-story layout featuring two main-floor units and one upstairs unit. Recent improvements include updated vinyl siding, a newer roof, replacement windows, and storm doors, helping reduce near-term capital needs. Both first-floor units feature a living room, bedroom, kitchen, and bath. The upper unit includes four rooms and is equipped with a gas space heater.

FOR SALE DETAILS

PRICE

$100,000 USD

PRICE/SF

$54 USD /SF

# OF UNITS

3

PRICE/UNIT

$33,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1996

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R

APN/PARCEL ID

04-32-329-007

ASK ABOUT THIS PROPERTY

Chris CoxOhio Real Estate AuctionsMore Info
614-285-7273

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Chris CoxOhio Real Estate AuctionsMore Info
614-285-7273

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