$765,000

5207 Montgomery Road #5213

Norwood OH, 45212

Description

Montgomery Road Portfolio, which consists of 17 Units and three separate buildings all adjacent to each other. Based on Actuals this is a 8.13% Cap Rate with a 15.30% Cash on Cash Return (YR 1). 5207 Montgomery Road (4-Unit: All 1BR/BA Units), 5210 Montgomery Road (9-Unit: All Efficiency Units), and 5211 Montgomery Road (4-Unit: All 2BR/1BA Units). Tenants are responsible for Electric and Heat at 5207 & 5211. Major Value Add Opportunity by raising rents up to market. Call for more INFO & OM.

Details

MLS#1685389
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1941
Days On Site33

Features

SQ Feet9,800
Units17
Building(s)1
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Area Information
StateOH
CountyHamilton
CityNorwood
Zip Code45212
AreaHamilton-E02
Listing VS Median (in 45212)
Price:
$765,000
low | high
Med:
$219,950
100% of Average
SqFt:
9,800
low | high
Med:
2,182
100% of Average
$ / SqFt:
$78
low | high
Med:
$101
20.540474259292% of Average
On Site:
33
low | high
Med:
27.5
100% of Average
Listing Updated: January 15, 2021 8:06:12 PM PST
Brian Coyle LogoMLS Number: 1685389
Listing Provided By:
Brian Coyle  of  3CRE Advisors LLC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS of Greater Cincinnati.