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Property profile & analytics
OFF-MARKET
Small apartment buildings

132 Cleveland St Butler, OH 44822

Built 1905
Property ID
US66-6159031
Property summary
AI-generated overview

This three-unit apartment building in Butler, Ohio, presents a compelling investment opportunity at a minimum bid of $50,000. Situated on a 10,890 square foot lot at 132 Cleveland Street, 44822, this 1905-built property offers significant potential for rental income. The property includes three apartments: Unit A, a one-bedroom, one-bathroom unit featuring a front deck, ramp, sunroom, new kitchen, living room, and bathroom flooring, and washer/dryer hookups; Unit B, a one-to-two-bedroom, one-bathroom unit with new living room, kitchen, and bathroom flooring, basement access, a new rear door leading to a small fenced patio, and washer/dryer hookups; and Unit C, a three-to-four-bedroom, two-bathroom unit with washer/dryer hookups and a gas water heater. All units share a common electrical breaker box and gas furnace for heating, stove, and hot water. Public water and sewer services are available for all units. While the property requires renovations throughout all three units, its location and multi-unit potential make it an attractive prospect for investors seeking a fixer-upper with strong rental potential. Open houses are scheduled for December 31st, 6-7 PM, and January 6th, 6-7 PM, with an additional one-hour open house prior to the auction.

Property profile
Verified
Property type Small apartment buildings
Year built 1905
UPID US66-6159031
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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