5148 Milan Ave - Apartments FOR SALE


Norwalk, OH 44857
$575,000 USD
419-627-1996
5148 Milan Ave, Norwalk, OH for Sale
$575,000 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

5148 Milan Ave
Norwalk, OH 44857


HIGHLIGHTS

  • Conveniently Located On Major Route

OVERVIEW

Excellent Investment Opportunity! Discover the potential of this 12-unit apartment building, ideally located near shopping and everyday conveniences. The property features a mix of mostly one-bedroom units with a few efficient apartments, perfect for attracting a variety of tenants. Enjoy peace of mind with many long-term tenants already in place, offering consistent income from day one. Each unit includes its own range and refrigerator (12 of each), plus the building is equipped with two-zone boiler heating and dual 250-gallon hot water tanks for efficiency and comfort. Whether you're expanding your portfolio or diving into multi-family ownership, this property offers location, stability, and potential. Don't miss out! Co Listed with Linda Armstrong. Physical address is: 5148 Us Highway 250 N., Norwalk, OH 44857

FOR SALE DETAILS

PRICE

$575,000 USD

PRICE/SF

$96 USD /SF

# OF UNITS

12

PRICE/UNIT

$47,917

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

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

18,077 SF

ZONING

-

APN/PARCEL ID

27-0030-03-054-0100

ASK ABOUT THIS PROPERTY

Dale CoffmanRE/MAX Quality Realty Inc.More Info
419-627-1996

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Dale CoffmanRE/MAX Quality Realty Inc.More Info
419-627-1996

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