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350 Broadway St 5 Unit Apartment Building $723,802 CAD ($144,760 CAD/Unit) Loveland, OH 45140
Executive Summary
Prime 5-Unit Apartment Building Near Downtown Loveland
Located on a quiet street in Loveland, 350 Broadway St is a five-unit multifamily property with straightforward operations and solid in-place income. Each unit is one bedroom and one bathroom. Three of the five units have been renovated, and the property is currently fully occupied, generating $5,424 per month in gross rents.
All units are heated by a boiler system and cooled by wall unit A/C. The property features updated mechanicals including a newer boiler, hot water heater, and updated electric. A RUBS program is in place, allowing ownership to recover a portion of utility costs directly from tenants. An attached parking lot behind the building provides off-street parking for residents.
The two unrenovated units represent a clear value-add opportunity consistent with the upgrades already completed on-site. With strong occupancy, low-maintenance, and upside remaining, 350 Broadway St is a straightforward addition to any Cincinnati-area portfolio.
Located on a quiet street in Loveland, 350 Broadway St is a five-unit multifamily property with straightforward operations and solid in-place income. Each unit is one bedroom and one bathroom. Three of the five units have been renovated, and the property is currently fully occupied, generating $5,424 per month in gross rents.
All units are heated by a boiler system and cooled by wall unit A/C. The property features updated mechanicals including a newer boiler, hot water heater, and updated electric. A RUBS program is in place, allowing ownership to recover a portion of utility costs directly from tenants. An attached parking lot behind the building provides off-street parking for residents.
The two unrenovated units represent a clear value-add opportunity consistent with the upgrades already completed on-site. With strong occupancy, low-maintenance, and upside remaining, 350 Broadway St is a straightforward addition to any Cincinnati-area portfolio.
Property Facts
| Price | $723,802 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $144,760 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| No. Units | 5 | Building Size | 5,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1958 |
| Price | $723,802 CAD |
| Price Per Unit | $144,760 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 5,000 SF |
| No. Stories | 2 |
| Year Built | 1958 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 500 - 1,000 |
1 1
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 20-06-10.-011 | Improvements Assessment | $51,864 CAD |
| Land Assessment | $14,569 CAD | Total Assessment | $66,433 CAD |
Property Taxes
Parcel Number
20-06-10.-011
Land Assessment
$14,569 CAD
Improvements Assessment
$51,864 CAD
Total Assessment
$66,433 CAD
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350 Broadway St
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