Listed by Sibcycline Northern Hills
$799,900
W Wyoming Avenue
Details
APN 641-0004-0209-00
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Square Footage 15,214
Units 14
Cap Rate 12.13%
NOI $97,044
Occupancy 80%
Tenancy Multi
Rent Bumps No
Year Built 1910
Buildings 1
Acreage 0.288
Zoning 404 - RETAIL/APARTMENT OVER
Investment Type Value Add
Multifamily | 14 Units | $57,136/unit
Marketing description
Welcome to 600 Wyoming Ave in Lockland, Ohio. The Glass Building is a small scale, 15,214 sq ft, mixed use retail/apartment over property. It operates as a 6-unit residential rental and an 8-unit retail property. It currently has 5 retail units rented and all 6 apts rented. All are mtm retals. Since July 2025 many improvements to the property have been completed. Remodeled both hallways serving the apartment units. Renovated 1 1-bedroom apartment unit. Renovated 1 2-bedroom unit. Renovation of 3 storefront units is underway approximately 55% complete. Please see attached property sheet for a full list of improvements. Tenants pay for their own utilities except water & sewer. Property is in an opportunity Zone.
Investment highlights
3 vacant units that will add more revenue when they are complete.
Listing Contacts
Listed by Sibcycline Northern Hills
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$97,044.00
$8,087.00/mo
Valuation Metrics
0
DSCR
12.13%
Cap Rate
12.13%
ROI
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Property History
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