Vision Sales Team

2045 Glamorgan Street

Alliance, OH 44601

MLS#: 5181565

$1,134,000

Status: Active
Listing number: 5181565
Listing provided by: Keller Williams Legacy Group Realty
Listing agent phone: None
Last update: 3 months ago
On site: 3 months ago
Browse Properties
Lexington Centre 02 - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1979

Sq.Footage

0

Investor Alert! Value-add multifamily opportunity with immediate upside! This property features a strong unit mix of eight (8) 2-bedroom units and six (6) 1-bedroom units, currently operating at below-market rents. Current gross income is approximately $7,645/month, offering a clear path to increased cash flow. With modest rent adjustments to market rates, projected gross monthly income jumps to $11,550.00/month, creating a significant upside for investors seeking forced appreciation. Ideal for a hands-on or strategic investor looking to stabilize rents, increase NOI, and unlock long-term value. Solid fundamentals, desirable unit mix, and strong rental demand make this an excellent addition to any multifamily portfolio.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Electric

  • Heating YN

    YES

  • Heating

    Radiant

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Detached, Garage, On Site, Parking Lot, Private

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.96

  • Property Type

    Commercial Sale

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $1,134,000

  • Tax Amount

    $13,000

  • Zoning

    Commercial

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Marlington LSD - 7608

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Sewer

    Public Sewer

  • Tax Lot

    11663-11664-11665

  • Water Source

    Public

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Location

County

Stark

Elementary School

Marlington LSD - 7608

Middle School

High School

Listing Courtesy of Tracy Whaley , Keller Williams Legacy Group Realty

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Agent Tami Reiss

AGENT

Tami Reiss

Call Tami today to schedule a private showing.

(330) 338-6293

Tami@VisionSalesTeam.com


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Investor Alert! Value-add multifamily opportunity with immediate upside! This property features a strong unit mix of eight (8) 2-bedroom units and six (6) 1-bedroom units, currently operating at below-market rents. Current gross income is approximately $7,645/month, offering a clear path to increased cash flow. With modest rent adjustments to market rates, projected gross monthly income jumps to $11,550.00/month, creating a significant upside for investors seeking forced appreciation. Ideal for a hands-on or strategic investor looking to stabilize rents, increase NOI, and unlock long-term value. Solid fundamentals, desirable unit mix, and strong rental demand make this an excellent addition to any multifamily portfolio.

2045 Glamorgan Street

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