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    712 Mc Laren Avenue

    Lockland, OH 45215
    • $105,000
    • STATUS: Active
    • ON SITE: 4 days
    • ID#: 1695713
    New On Site 4 Days Ago
    UPDATED: 14 min ago
    $105,000
    • 6
      BEDS
    • 0.17
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,100
      SQFT
    • $50
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1890
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    621 Stewart is a value add 2-Unit, consisting of Two [2] 1 Bed | 1 Bath Units. Priced at a 10.07% Cap Rate at 100% Occupancy, with a 24.99% Cash-on-Cash Return (YR 1). This is a value add property with averages rents at $525, which puts them at $0.88 per sq ft. Tenants are responsible for Electric, and the Owner pays Water, Gas, and Trash. Individual wall mounted gas heating, Roof Shingle 10+ years old, and Windows are insulated vinyl.

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    The data relating to real estate for sale on this website comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than Century 21 Thacker & Associates, Inc are marked with the Broker Reciprocity™ logo (the small black house) and detailed information about them includes the name of the listing brokers. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Century 21 Thacker & Associates, Inc. Data last updated 2021-04-13T21:14:00.473.
    www.c21thacker.com/homes/115877821
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    712 Mc Laren Avenue Lockland, OH 45215

    • Price: $105,000
    • Status: Active
    • Updated: 14 min ago
    • ID#: 1695713
    6
    Beds
    3
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,100
    SQFT
    $50
    $/SQFT
    1890
    Built
    Neighborhood:
    Lockland
    County:
    Hamilton
    Area:
    Lockland
    School District:
    Lockland City SD
    Property Description
    621 Stewart is a value add 2-Unit, consisting of Two [2] 1 Bed | 1 Bath Units. Priced at a 10.07% Cap Rate at 100% Occupancy, with a 24.99% Cash-on-Cash Return (YR 1). This is a value add property with averages rents at $525, which puts them at $0.88 per sq ft. Tenants are responsible for Electric, and the Owner pays Water, Gas, and Trash. Individual wall mounted gas heating, Roof Shingle 10+ years old, and Windows are insulated vinyl.
    Exterior Features

    Construction Materials Vinyl Siding Foundation Details Poured Garage None Levels Threeormore Lot Size Dimensions Of Record Open Parking Spaces 0 Parking Features Onstreet Roof Shingle

    Interior Features

    Appliances Include Refrigerator & Stove Basement Full Cooling Window Unit Efficiency Sq Ft 0 Efficiency Units 0 Fireplace Features None Fireplaces 0 Heating ElectricForced Air Separate Air Conditioning No Unit1 Rooms 5 Unit2 Rooms 5 Unit3 Rooms 5 Unit4 Rooms 0 Window Features InsulatedVinyl

    Property Features

    Auction No Degree Complete Existing Structure Efficiency Rent 0 Gas Natural Gas And Electric 102 Gross Income 17100 Heat Paid Tenant Insurance Expense 500 Maintenance Expense 1368 Mls Area Hamilton-E03 Net Operating Income 10569 New Construction YN No New Taxes Expense 2249 Other Expense 120 Property Description Triplex Property Sub Type Multi Fam 2-4 Units Semi Annual Taxes $122.35 Separate Furnace Yes Separate Gas Elect Yes Sewer Public Sewer Special Financing No Subdivision Name Lockland Unit1 Rent 500 Unit2 Rent 425 Unit3 Rent 500 Unit4 Rent 0 Waste Removal 0 Water Paid Owner Water Sewer Expense 1337 Water Source Public

    © 2021 MLS of Greater Cincinnati, Inc. All rights reserved. Listing provided courtesy of 3Cre Advisors, Llc, 513-745-9333 and Brian Coyle, . Information deemed reliable but not guaranteed.
    The data relating to real estate for sale on this website comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than Century 21 Thacker & Associates, Inc are marked with the Broker Reciprocity™ logo (the small black house) and detailed information about them includes the name of the listing brokers. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Century 21 Thacker & Associates, Inc. Data last updated 2021-04-13T21:14:00.473.
     
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