2072 Elm Avenue Norwood, OH 45212

PRICED AT $500,000

Listing Details

  • $500,000
  • MLS# 1878713
  • Type Multi Unit - Multiple
  • Status Active
  • 8,734 Square Feet
  • 0.175 acres Lot Size
  • 1920 Year Built
  • Norwood Local Schools

Description

Court Appointed Receiver Sale - 2072 Elm Ave. A 23-unit multifamily property located at the corner of Elm and Station Ave. The brick apartment building consists of 22 studio units, and one 1-bedroom unit. 6 units are currently occupied, providing in-place rental income with significant upside potential through lease-up and future rent growth. The property is conveniently located near public transportation, neighborhood retail, and major employment corridors, supporting long-term rental demand and value-add potential.

Features

  • Window Unit
  • 0 Fireplace
  • Baseboard, Radiant, Hot Water
  • $15,790 Taxes
  • Public
  • Built in 1920
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Basement: Yes
  • Basement: Partial
  • Cooling: Window Unit
  • Days on Site: 34
  • Exterior: Brick
  • Fireplace Features: None
  • Fireplaces: 0
  • Foundation: Poured
  • Gas: Natural
  • Heating: Baseboard, Radiant, Hot Water
  • Lot Dimensions: 54 x 141
  • Lot Size: 0.18 Acres
  • Parcel #: 651-0025-0077-00
  • Parking: Assigned, Onstreet, Driveway
  • Roof Type: Shingle, Membrane
  • Sewer: Public Sewer
  • Taxes: $15,790
  • Total Buildings: 2
  • Units: 24
  • Water: Public
  • Window Features: Vinyl, Insulated
  • Year Built: 1920