$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 TypeFor Sale
Sub-TypeResale
StatusActive
Year1939
Days On Site2

Features

SQ Feet2,632
Units4
Building(s)1
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Area Information
StateOH
CountyHamilton
CityLockland
Zip Code45215
AreaHamilton-E03
Listing VS Median (in 45215)
Price:
$139,000
low | high
Med:
$194,950
9.748201438849% of Average
SqFt:
2,632
low | high
Med:
632
100% of Average
$ / SqFt:
$53
low | high
Med:
$77
3.94089791458% of Average
On Site:
2
low | high
Med:
21
9.52380952381% of Average
Sourced by Back At You
Listing Updated: April 9, 2021 8:16:37 PM PDT
Brian Coyle LogoMLS Number: 1695336
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.