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
Taxes
Visits
Year Built
