$1,200,000
3262 Glendora Avenue
Details
APN 103-0001-0090-00
Property Type Multifamily
Sub Type Apartment Building
Year Built 1915
Multifamily
Marketing description
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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