Commercial Real Estate for Sale at 2045 Glamorgan Street in Alliance, OH for $1,134,000

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2045 Glamorgan Street | Alliance

$1,134,000 | 0.0 Sq. Ft.

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. \r\nCurrent 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. \r\nIdeal 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. MLSNow 5181565 Directions to property: State St to S Sawburg Ave left at light to Glamorgan St.

MLS Listing ID: 
MLSNow 5181565
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,134,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Alliance
Address: 
2045 Glamorgan Street, Alliance, OH 44601
County: 
Stark
Latitude: 
40.9128290
Longitude: 
-81.1383150
Directions: 
State St to S Sawburg Ave left at light to Glamorgan St.
Public Remarks: 
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. \r\nCurrent 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. \r\nIdeal 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.
Community Information
School District: 
Marlington LSD - 7608
Subdivision: 
Lexington Centre 02
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1979
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Radiant
Cooling System: 
Electric
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.96
Lot Size (Area): 
0.96
Lot Features
Parking Type: 
Detached,Garage,On Site,Parking Lot,Private
Public Record
Parcel Number: 
07700458
Annual Tax: 
$13,000.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Keller Williams Legacy Group Realty

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