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    Apartment buildings

    5115-5123 Hamilton Eaton Rd, Collinsville, OH 45013

    Built 1940
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a charming two-unit apartment building located at 5115-5123 Hamilton Eaton Road in Hamilton, Ohio, 45013. Built in 1940, this property sits on a sizable 11,325.6 square foot lot. The asking price is $199,999, translating to a price per square foot of $150.83. Both units are currently leased, providing immediate cash flow for the new owner. This is a package deal offering two adjacent properties, but each can be purchased separately if desired. The properties are sold with tenant rights in place. Any offers are contingent upon the buyer's satisfactory walkthrough inspection, initiating the inspection and financing processes only after this step is completed. Prospective buyers are asked to refrain from disturbing the tenants. This multifamily property presents a rare opportunity to acquire a well-located, income-generating asset in a desirable Ohio market. The property's age and size offer potential for future value appreciation and renovation opportunities. Serious inquiries only.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1940
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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