$139,000
240 N Wayne,
Lockland OH, 45215
Description
240 N Wayne is a 100% Occupied 4-Unit, consisting of Four [4] 1 Bed | 1 Bath Units. Priced at a 9.66% Cap Rate on Actuals, with a 22.95% Cash-on-Cash Return (YR 1). This is a value add property with averages rents at $526, which puts them at $0.88 per sq ft. Tenants are responsible for Hot Water & Electric, and the Owner pays Heat & Water. Boiler replaced within the past 10 years, Roof 10+ years old, and Windows are insulated vinyl.
Details
| MLS# | 1695336 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1939 |
| Days On Site | 6 |
Features
| SQ Feet | 2,632 |
|---|---|
| Units | 4 |
| 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: $139,000 low | high Med: $194,900 SqFt: 2,632 low | high Med: 0 $ / SqFt: $53 low | high Med: $0 On Site: 6 low | high Med: 21 Sourced by Back At You | |
Listing Updated: April 13, 2021 8:26:05 PM PDT
MLS Number: 1695336Listing Provided By:
Brian Coyle of 3CRE Advisors LLC