$80,000
114 Elm #116,
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# | 1695795 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 6 |
Features
| SQ Feet | 2,212 |
|---|---|
| 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: $80,000 low | high Med: $195,000 SqFt: 2,212 low | high Med: 1,264 $ / SqFt: $36 low | high Med: $154 On Site: 6 low | high Med: 28 Sourced by Back At You | |
Listing Updated: April 14, 2021 11:24:24 AM PDT
MLS Number: 1695795Listing Provided By:
Brian Coyle of 3CRE Advisors LLC