17-unit multifamily investment opportunity in Norwood's Presidential District, with all units fully occupied and strong in-place rents. The property consists of 9 one-bedroom and 8 large two-bedroom units. Features include boiler heat, through-the-wall AC units, and a rubber membrane roof. Tenants pay their own separately metered electric, and a RUBS program is in place to help offset utility expenses. Most units also have balconies, and the rear parking lot offers ample off-street parking for tenants. The location is excellent, with Kroger and Central Station retail just steps away, Central Park Offices next door, and Rookwood Commons and Pavilion nearby. Residents also have easy access to a wide range of restaurants, shopping, groceries, and everyday amenities.
Courtesy of Andrew Kroeger with Keller Williams Advisors
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