3260 - 3262 Glendora Avenue
Great Multifamily investment, near University of Cincinnati
Marketing description
✔ 2 Buildings Next to Each Other ✔ 6 Two-Bedroom Units + Rare Attached Garages ✔ 2 Large One-Bedroom Units ✔ 1 Studio Unit ✔ Tenants Pay All Utilities Directly ✔ Low Operating Expenses = Strong Returns ✔ High-Demand Rental Area Near UC & Major Hospitals
Investment highlights
Excellent location just minutes from the University of Cincinnati, Cincinnati Children's Hospital, UC Health, and Downtown Cincinnati. Located on a corner lot right off busy Vine Street in a high-traffic corridor with strong rental demand. Value-add / redevelopment potential with two adjacent parcels in a busy location, investors may explore future redevelopment opportunities, including a larger multifamily project (buyer to verify zoning and approvals). Excellent turnkey investment with immediate cash flow and long-term upside. DM for financials and additional details. 💰 Gross Income: $113,280/Year 📈 Approx. 7.47% Cap Rate (5% Vacancy Applied) 🏷 Asking Price: $1.2M
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