5753 Main St - Apartments FOR SALE


Sylvania, OH 43560
$279,900 USD
419-351-1146
5753 Main St, Sylvania, OH for Sale
$279,900 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

5753 Main St
Sylvania, OH 43560


HIGHLIGHTS

  • Triplex investment property with three residential units.
  • Includes a three-car garage and large surface parking area.
  • Located within walking distance to retail, restaurants, and entertainment venues.
  • Situated in the Sylvania Red Bird District and DORA area, enhancing tenant appeal.
  • Zoned B-3, allowing for future commercial redevelopment opportunities.
  • Convenient access to US 23/I-475 and close to the Michigan border.

OVERVIEW

This triplex property is located in the heart of Downtown Sylvania, Ohio, along Main Street just north of Monroe Street. Positioned within the Sylvania Red Bird entertainment district and DORA area, the property offers proximity to retail, dining, and healthcare services, making it an attractive investment opportunity. The site is less than one mile from US 23/I-475 and just south of the Michigan border, providing convenient regional access. The building consists of three residential units: two one-bedroom/one-bath units and one two-bedroom/one-bath unit. Additional features include a three-car garage and ample surface parking on a large 0.43-acre lot. Zoned B-3, the property allows for future commercial redevelopment potential, adding long-term value for investors. This asset can be purchased individually or as part of a larger portfolio of properties in Downtown Sylvania.

FOR SALE DETAILS

PRICE

$279,900 USD

PRICE/SF

$134 USD /SF

# OF UNITS

3

PRICE/UNIT

$93,300

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

2

YEAR BUILT

1870

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,294 SF

ZONING

-

APN/PARCEL ID

82-03531

ASK ABOUT THIS PROPERTY

Stephanie KuhlmanNAI Harmon GroupMore Info
419-351-1146

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Stephanie KuhlmanNAI Harmon GroupMore Info
419-351-1146

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