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$4,532,110
1846652 MLS
Court Appointed Receiver Sale, opportunity to acquire 5500 Glengate Lane. Offers a rare, large-scale value-add multifamily opportunity in Pleasant Ridge, a desirable neighborhood in Cincinnati, OH. This 5.63-acre site consists of seven (7) three-story garden-style buildings totaling 73 units & approximately 66,400 rentable square feet. The unit mix includes 62 two-bedroom & 11 one-bedroom apartments, complemented by 80 on-site parking spaces. Built in 1959, the property features spacious layouts & solid mid-century construction, ideal for interior renovations & exterior enhancements. Currently operating at approximately 25% occupancy, the asset is well-positioned for a full repositioning strategy. Investors can unlock significant upside through strategic upgrades, improved management, & lease-up of the vacant units. Centrally located near I-71 & the growing Pleasant Ridge entertainment district, the property benefits from strong rental demand & long-term growth potential.

5500 Glengate Lane, Cincinnati

$400,000
3 Beds 2 Baths 1811885 MLS
Move right in! This beautifully maintained 3-bedroom, 2 full bath home combines function and style in the heart of vibrant Pleasant Ridge. Virtually every surface has been updated, all while keeping the integrity of this charming tudor. Entrance to the home includes a vestibule foyer opening to a stunning vaulted ceiling family room. Relax in the spacious, light-filled breakfast room featuring an impressive kitchen complete with quartz countertops, stainless steel appliances, and custom tile. The entire second floor boasts a primary suite with ensuite bathroom, walk-in closet, soaking tub, custom shower, and beautiful decor. Enjoy the cozy screened in porch/patio. Hardwood floors throughout the home, rear entry garage & carport/storage. Convenient location, walk to library, community center, schools, and restaurants. Seller is an Ohio licensed real estate agent.

2535 Langdon Farm Road, Cincinnati

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