$105,000
712 Mc Laren Avenue,
Lockland OH, 45215
Description
621 Stewart is a value add 2-Unit, consisting of Two [2] 1 Bed | 1 Bath Units. Priced at a 10.07% Cap Rate at 100% Occupancy, with a 24.99% Cash-on-Cash Return (YR 1). This is a value add property with averages rents at $525, which puts them at $0.88 per sq ft. Tenants are responsible for Electric, and the Owner pays Water, Gas, and Trash. Individual wall mounted gas heating, Roof Shingle 10+ years old, and Windows are insulated vinyl.
Details
| MLS# | 1695713 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1890 |
| Days On Site | 5 |
Features
| SQ Feet | 2,100 |
|---|---|
| Units | 3 |
| 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: $105,000 low | high Med: $194,950 SqFt: 2,100 low | high Med: 632 $ / SqFt: $50 low | high Med: $77 On Site: 5 low | high Med: 24 Sourced by Back At You | |
Listing Updated: April 13, 2021 8:14:30 AM PDT
MLS Number: 1695713Listing Provided By:
Brian Coyle of 3CRE Advisors LLC