$129,000
1055 Van Buren,
Lockland OH, 45215
Description
1055 Van Buren is a value add 4-Unit, consisting of Two [2] 1 Bed | 1 Bath Units, and Two [2] 2 Bed | 1 Bath Units . Priced at a 8.93% Cap Rate on Actuals, with a 19.29% Cash-on-Cash Return (YR 1). This is a value add property with averages rents at $431, which puts them at $0.72 per sq ft. Tenants are responsible for Hot Water & Electric, and the Owner pays Heat & Water. Boiler is less than 10 years old, Roof 10 years old rubber membrane, and Windows are insulated vinyl.
Details
| MLS# | 1695498 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 5 |
Features
| SQ Feet | 2,520 |
|---|---|
| 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: $129,000 low | high Med: $194,900 SqFt: 2,520 low | high Med: 0 $ / SqFt: $51 low | high Med: $0 On Site: 5 low | high Med: 21 Sourced by Back At You | |
Listing Updated: April 13, 2021 8:26:05 PM PDT
MLS Number: 1695498Listing Provided By:
Brian Coyle of 3CRE Advisors LLC