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5208 Globe Ave
Cincinnati, OH 45212

$249,900 USD

Apartments For Sale  •  1,540 SF

Property Details

  • Property Type Apartments
  • Total Building Size 1,540 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1918
  • Cap Rate 6.39 %
  • Zoning R1
45 Transit Score
64 Walk Score

Highlights

Triplex - ARV of $300,000+
Part of a portfolio of 5 buildings / 12 units, can be sold separately or together
Desirable Norwood location
Value add opportunity - below market rents

Financial Summary (Actual)

Net Operating Income: $15,975 USD (2023)
Cap Rate: 6.39 %
Total Expenses: $7,425 USD

Public Transportation

Commuter RailDriveWalkDistance
Cincinnati Union Terminal (Cardinal - Amtrak) 16 min - 8.9 mi
AirportDriveWalkDistance
Cincinnati/Northern Kentucky International 39 min - 21.5 mi
Jennifer Donathan 513-520-3540 KW Commercial
Jennifer Donathan 513-520-3540 KW Commercial