$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 10.06% Cap Rate at 100% Occupancy, with a 24.94% 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 TypeFor Sale
Sub-TypeResale
StatusPending
Year1915
Days On Site32

Features

SQ Feet2,212
Building(s)1
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Area Information
StateOH
CountyHamilton
CityLockland
Zip Code45215
AreaHamilton-E03
Listing VS Median (in 45215)
Price:
$80,000
low | high
Med:
$220,350
100% of Average
SqFt:
2,212
low | high
Med:
0
100% of Average
$ / SqFt:
$36
low | high
Med:
$0
100% of Average
On Site:
32
low | high
Med:
63
50.793650793651% of Average
Sourced by Back At You
Listing Updated: May 10, 2021 8:16:26 PM PDT
Brian Coyle LogoMLS Number: 1695795
Listing Provided By:
Brian Coyle  of  3CRE Advisors LLC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS of Greater Cincinnati.