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4431 Allison St Norwood OH 45212
Listing Information
Price $1,750,000
Listing Number 1810364

Driving Directions
71 to 562W to Montgomery exit, L on Norwood Ave., L on Montgomery. R on Sherman, L on Allison.

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Agent Remarks
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.

General Information
Property TypeMulti Family
StyleApartment 5+ Units
CountyHamilton
SubdivisionNorwood
Zip Code45212
School DistrictNorwood City SD
Listing Number1810364
Property Features
BasementFull
GarageNone
ParkingLot, Onstreet
WindowsVinyl
HeatingGas
CoolingWindow Unit
FireplaceNone
Multi-Family Information
Total Units10
2 Bedroom Units7


Additional Information
Levels3 Story
ConstructionBrick
GasNatural
WaterPublic
SewerPublic
FoundationStone
OccupancyNegotiable
Semi-Annual Taxes$8,337.50
Additional Features


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This listing courtesy of Lauren Smith (859-630-6820), Huff Realty (513-474-3500). All Information is believed accurate, but is NOT guaranteed.
The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the MLS of Greater Cincinnati, Inc. Real estate listings held by brokerage firms other than Cincinnati Condo Connection are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.