549 Cherry Stone Ct - Apartments FOR SALE


Miamisburg, OH 45342- Downtown Miamisburg
$595,000 USD
937-475-1607
549 Cherry Stone Ct, Miamisburg, OH for Sale
$595,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

549 Cherry Stone Ct
Miamisburg, OH 45342
Downtown Miamisburg


OVERVIEW

Excellent opportunity to own a well-maintained 6-unit multifamily property featuring a mix of 2 spacious townhome-style units and 4 single-level garden apartments. Each unit is separately metered for electric, with tenants responsible for their own usage; owner covers water and trash. Washer/dryer hookups in every unit offer added convenience and strong rental appeal. Situated at the end of a cul-de-sac, the property provides a private, low-traffic setting while still being close to shopping, schools, and major commuter routes. Reliable income, low vacancy, and upside potential make this an ideal addition to any investment portfolio. Management has been re-renting units at $950 per month. New Roof and Gutters installed in 2019

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$92 USD /SF

# OF UNITS

6

PRICE/UNIT

$99,167

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

-

APN/PARCEL ID

K46-01015-0003

ASK ABOUT THIS PROPERTY

Lori LyonsGlassHouse Realty GroupMore Info
937-475-1607

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Lori LyonsGlassHouse Realty GroupMore Info
937-475-1607

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