500 N 9th Street, Cambridge, OH 43725
- $225,000
- Sold Price
- $225,000
- List Price
- $229,900
- Status
- CLOSED
- Days on Market
- 210
- Closing Date
- Nov 30, 2023
- MLS#
- 223012795
- Subtype
- Multi-Family
- Year Built
- 1900
Property Description
Fully turnkey 4-plex rented for $2,681/mo. Current cap rate 8.8% with upwards potential for 10% through rent increases. These properties are fully stabilized through significant improvements and currently under professional management with an experienced local property manager. All units have room for rental growth and rent increase. Preferably sold as package with 431 N 11th, 1207 Steubenville, 1001 Beatty, 435 Gomber, and 902 Beatty. Request Offering Memorandum for more details on property/portfolio.
Additional Information
- Heating
- Forced Air
- School District
- Cambridge Csd 3001 Gue Co.
Listing Courtesy of : Marc A Rice ---- Reafco
Selling Office: Leonard and Newland RealEstate.