$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 TypeFor Sale
Sub-TypeResale
StatusPending
Year1930
Days On Site11

Features

SQ Feet2,520
Units4
Building(s)1
Loading Form
Loading Form
Area Information
StateOH
CountyHamilton
CityLockland
Zip Code45215
AreaHamilton-E03
Listing VS Median (in 45215)
Price:
$129,000
low | high
Med:
$199,900
4.961240310078% of Average
SqFt:
2,520
low | high
Med:
1,244
100% of Average
$ / SqFt:
$51
low | high
Med:
$161
100% of Average
On Site:
11
low | high
Med:
150
7.333333333333% of Average
Sourced by Back At You
Listing Updated: April 17, 2021 8:27:39 PM PDT
Brian Coyle LogoMLS Number: 1695498
Listing Provided By:
Brian Coyle  of  3CRE Advisors LLC
MLS Internet Data Exchange (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, and that the data is deemed reliable but is not guaranteed accurate by the MLS of Greater Cincinnati.