Open House Tue, Apr 13th 08:00 PM - 08:00 PM
Address
712 Mc Laren Avenue Lockland, OH
Price
$ 105,000
Property Attributes
  • MLS#1695713
  • TypeMulti-Family
  • CountyHAMILTON
  • CityLockland
  • AreaLockland
  • NeighborhoodLockland
  • Zip45215
  • StyleMulti Fam 2-4 units
  • Year Built1890
  • Taxes244
  • Price$ 105,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2100
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Brian Coyle with 3CRE Advisors, LLC - 513-745-9333
Data Source:
MLS of Greater Cincinnati, Inc.
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.

Price History
4/8/2021 Listed $110,000
4/9/2021 5% - $105,000

General Features

Auction No
City Lockland
Close Price 0.0
Construction Materials Vinyl Siding
Cooling Window Unit
County Hamilton
Days on Market 1
Directions Get on I-75 N from E 6th St. Follow I-75 N to E Galbraith Rd. Take exit 10B from I-75 N. Take Anthony Wayne Ave and S Wayne Ave to Mc Laren Ave.
Garage None
Garage Spaces 0.0
Gas Y/N Natural
Grossincome 17100.0
Heating Electric, Forced Air
High School District Lockland City SD
Insuranceexpense 500.0
Levels ThreeOrMore
MLS Area Hamilton-E03
Maintenanceexpense 1368.0
Netoperatingincome 10569.0
New Construction Yes
Occupancy At Closing
Parking Features Onstreet
Price Per Square Foot 0.0
Property Description Triplex
Property SubType Multi Fam 2-4 units
Property Type MultiFamily
Roof Shingle
Sewer Public Sewer
Status Active
Street Name Mc Laren
Suburb Lockland
Total Units 3
Unit 1 Rent 500.0
Unit 2 Rent 425.0
Unit 3 Rent 500.0
Unit 4 Rent 0.0
Vacancy 855
Water Sewer Expense 1337
Year Built 1890

Interior Features

Applianceinclude Refrigerator & Stove
Basement Full
Fireplace Features None
Gasandelectric 102
Living Area 2100.0
Street Suffix Avenue
Unit 1 Full Baths 1
Unit 1 Rooms 5
Unit 2 Full Baths 1
Unit 2 Rooms 5
Unit 3 Full Baths 1
Unit 3 Rooms 5
Unit1bedrooms 2
Unit2bedrooms 2
Unit3bedrooms 2
Window Features Insulated, Vinyl

Exterior Features

Buildings 1
Foundation Details Poured
Lot Dimensions Of Record
Lot Size Acres 0.17
Lot Size Square Feet 7405.0
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 $140K
$110K
Taxes
AVG $1,780
$244
Visits
AVG 13
9
Year Built
AVG 1924
1890

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