Address
1055 Van Buren Lockland, OH
Price
$ 129,000
Property Attributes
  • MLS#1695498
  • TypePending
  • CountyHAMILTON
  • CityLockland
  • AreaLockland
  • NeighborhoodLockland
  • Zip45215
  • StyleMulti Fam 2-4 units
  • Year Built1930
  • Taxes1596
  • Price$ 129,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2520
  • 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

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.

Price History
4/8/2021 Listed $129,000

General Features

Auction No
City Lockland
Close Price 0.0
Construction Materials Brick
Cooling Window Unit
County Hamilton
Days on Market 11
Directions Get on I-75 N from E 6th St. Follow I-75 N to GE Pkwy. Take exit 13 from I-75 N. Continue on GE Pkwy. Take Adams St to Van Buren St in Lincoln Heights
Garage None
Garage Spaces 4.0
Gas Y/N Natural
Grossincome 20700.0
Heating Gas
High School District Lockland City SD
Insuranceexpense 527.0
Levels Two
MLS Area Hamilton-E03
Maintenanceexpense 1656.0
Netoperatingincome 11514.0
New Construction Yes
Occupancy At Closing
Open Parking Spaces 4
Parking Features Lot, Private, Onstreet
Price Per Square Foot 0.0
Property Description Quad
Property SubType Multi Fam 2-4 units
Property Type MultiFamily
Roof Membrane
Sewer Public Sewer
Status Pending
Street Name Van Buren
Suburb Lockland
Total Units 4
Unit 1 Rent 400.0
Unit 2 Rent 350.0
Unit 3 Rent 500.0
Unit 4 Rent 475.0
Vacancy 1035
Validated 1
Water Sewer Expense 3202
Year Built 1930

Interior Features

Applianceinclude Refrigerator and Stove
Basement None
Fireplace Features None
Gasandelectric 1063
Living Area 2520.0
Unit 1 Full Baths 1
Unit 1 Rooms 4
Unit 2 Full Baths 1
Unit 2 Rooms 3
Unit 3 Full Baths 1
Unit 3 Rooms 4
Unit 4 Rooms 3
Unit1bedrooms 2
Unit2bedrooms 1
Unit3bedrooms 2
Unit4bedrooms 1
Unit4fullbath 1
Window Features Insulated, Vinyl

Exterior Features

Buildings 1
Foundation Details Poured
Lot Dimensions Of Record
Lot Size Acres 0.12
Lot Size Square Feet 5009.0
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
AVG $260K
$130K
Taxes
AVG $3,942
$1,596
Visits
AVG 46
23
Year Built
AVG 1944
1930

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