Open House Tue, Apr 13th 08:00 PM - 08:00 PM - Just Listed
Address
621 Stewart Lockland, OH
Price
$ 95,000
Property Attributes
- MLS#1695719
- TypeMulti-Family
- CountyHAMILTON
- CityLockland
- AreaLockland
- NeighborhoodLockland
- Zip45215
- StyleMulti Fam 2-4 units
- Year Built1918
- Taxes550
- Price$ 95,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1036
- Lot Size5,227 SqFt
Listing Provided Courtesy Of:
Brian Coyle with 3CRE Advisors, LLC - 513-745-9333
Data Source:
MLS of Greater Cincinnati, Inc.
Property 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.
| Price History | |
|---|---|
| 4/8/2021 | Listed $95,000 |
General Features
| Auction | No |
|---|---|
| City | Lockland |
| Close Price | 0.0 |
| Construction Materials | Wood Siding |
| Cooling | Window Unit |
| County | Hamilton |
| Days on Market | 4 |
| Directions | Get on I-75 N from E 6th St. Follow I-75 N to Shepherd Ln. Take exit 13 from I-75 N. Follow Shepherd Ln and N Wayne Ave to Stewart Ave in Lockland |
| Garage | None |
| Garage Spaces | 2.0 |
| Gas Y/N | Natural |
| Grossincome | 12000.0 |
| Heating | Gas |
| High School District | Lockland City SD |
| Insuranceexpense | 402.0 |
| Levels | One |
| MLS Area | Hamilton-E03 |
| Maintenanceexpense | 960.0 |
| Netoperatingincome | 8124.0 |
| New Construction | Yes |
| Occupancy | At Closing |
| Open Parking Spaces | 2 |
| Parking Features | Onstreet, Driveway |
| Price Per Square Foot | 0.0 |
| Property Description | Duplex |
| Property SubType | Multi Fam 2-4 units |
| Property Type | MultiFamily |
| Roof | Shingle |
| Sewer | Public Sewer |
| Status | Active |
| Street Name | Stewart |
| Suburb | Lockland |
| Total Units | 2 |
| Unit 1 Rent | 500.0 |
| Unit 2 Rent | 500.0 |
| Unit 3 Rent | 0.0 |
| Unit 4 Rent | 0.0 |
| Vacancy | 600 |
| Validated | 1 |
| Water Sewer Expense | 1289 |
| Year Built | 1918 |
Interior Features
| Applianceinclude | Refrigerator and Stove |
|---|---|
| Basement | Partial |
| Fireplace Features | None |
| Living Area | 1036.0 |
| Unit 1 Full Baths | 1 |
| Unit 1 Rooms | 4 |
| Unit 2 Full Baths | 1 |
| Unit 2 Rooms | 4 |
| Unit1bedrooms | 1 |
| Unit2bedrooms | 1 |
| Window Features | Insulated, Vinyl |
Exterior Features
| Buildings | 1 |
|---|---|
| Foundation Details | Block |
| Lot Dimensions | OF RECORD |
| Lot Size Acres | 0.12 |
| Lot Size Square Feet | 5097.0 |
| Lot Size Units | Acres |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 45215
Price
Taxes
Visits
Year Built
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. The data relating
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor SE IN BD REALTORS shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless.
