4431 Allison Street, Norwood OH, 45212

Active

4431 Allison Street

Norwood OH, 45212

$1,750,000

Active

Condos

The Allisonia, located at 4431 Allison Street, is an historic and beautifully renovated multifamily property comprised of 10 oversized apartments (average size is 1,030 square feet) producing an average effective rent of $1607/month. The unit mix includes 7 two-bed units and 4 three-bed units. The 11th unit was used as the staging/storage area for the renovation projects and is now ready to be renovated and occupied. The property features onsite laundry, as well as newly renovated backyards and resident parking facilities. According to our reality-based underwriting, the new owner can expect strong cash-on-cash returns of 9.14% in year 1, with current assumable debt in place.

1810364

MLSⓇ ID

July 8, 2024

Listed

February 20, 2025

Updated

Interior Features

Total Stories: 3
Fireplace: No
Fireplace Description: None
Cooling: Yes
Cooling Description: Window Unit(s)
Heating: Yes
Heating Description: Natural Gas

Exterior/Building Features

Lot Size: 0.18 Acres
Roof: Membrane
Sewer: Public Sewer

School Information

School District: Norwood City SD

Other Property Details

Area Name: Norwood
Days on Market: 2
Garage: No
Parking: On Street
View: No
County: Hamilton
Municipality: Norwood City
Water Source: Public
Pool: No
Utilities: Natural Gas Available

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the OH - MLS of Greater Cincinnati (CINCY). Real estate listings held by brokerage firms other than Angela Sampson are marked with the Broker Reciprociy logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Angela Sampson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

This data is up-to-date as of 2/20/2025

Broker Reciprocity