$95,000
621 Stewart,
Lockland OH, 45215
Description
114-116 Elm Street is a value add 2-Unit, consisting of Two [2] 2 Bed | 1.5 Bath Units. Priced at a 8.47% Cap Rate at 100% Occupancy, with a 17.00% Cash-on-Cash Return (YR 1). This is a value add property with averages rents at $525, which puts them at $0.47 per sq ft. Tenants are responsible for Electric, and the Owner pays Water, Gas, and Trash. Individual wall mounted gas heating, Roof Shingle 15+ years old, and Windows are insulated vinyl.
Details
| MLS# | 1695719 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1918 |
| Days On Site | 5 |
Features
| SQ Feet | 1,036 |
|---|---|
| Units | 2 |
| Building(s) | 1 |
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| Area Information | |
|---|---|
| State | OH |
| County | Hamilton |
| City | Lockland |
| Zip Code | 45215 |
| Area | Hamilton-E03 |
| Listing VS Median (in 45215) | |
Price: $95,000 low | high Med: $194,950 SqFt: 1,036 low | high Med: 632 $ / SqFt: $92 low | high Med: $77 On Site: 5 low | high Med: 23 Sourced by Back At You | |
Listing Updated: April 12, 2021 8:25:56 PM PDT
MLS Number: 1695719Listing Provided By:
Brian Coyle of 3CRE Advisors LLC