*** ********* ***, ********, OH
14.41% return
SP:
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Property Description

TURNKEY UNITS IN OHIO! 

Duplex and a sinlge family on 1 parcel. Fully occupied. VERY LOW EXPENSES!! Separate electric meters. Will generate a 14.41% RETURN after rents are raised! 

Financing and property management available!

Property Information

  • Listing statusSold
  • Property typeMulti Family
  • Total units3
  • Total bedrooms6
  • Total bathrooms3
  • Building size3192 sq. ft.
  • Lot size0.1 acres
  • Year built1917
  • County******** County
  • Subdivision********** *********
  • ConstructionBrick, Frame
  • RoofAsphalt Shingle
  • Water sourceCity water
  • Water disposalSewer
  • HeatingWindow Unit
  • CoolingWindow A/C

Property Financial Summary

  • Sale price$105,000
  • Estimated rehab1$0
  • Total investment$105,000
  • TypeProforma
  • Gross income (annually)$19,800
  • Operating expenses (annually)$4,669
  • Net income (annually)$15,131
  • Gross return18.86%
  • Gross income (monthly)$1,650
  • Operating expenses (monthly)$389
  • Net income (monthly)$1,261
  • Net return14.41%

Property Income & Expenses

  • Income
  • Main
  • Unit 1: 2 bed / 1 bath$550/month$6,600/year
  • Unit 2: 2 bed / 1 bath$550/month$6,600/year
  • Single Family
  • Unit 1: 2 bed / 1 bath$550/month$6,600/year
  • Total$1,650/month$19,800/year
  • Expenses
  • Property Taxes$39/month$462/year
  • Insurance$74/month$887/year
  • Water and Sewer$60/month$720/year
  • Maintenance reserve$67/month$800/year
  • Property Management$150/month$1,800/year
  • Total$389/month$4,669/year

Property Questions & Answers

Q: How do I make an offer on this property?
A: Placing an offer is a simple process. All offers must be presented in writing with an escrow deposit of 10% or $5,000, whichever is larger. Escrow has to be sent to the attorney or title company who is handling the file for this property. Please send us an inquiry and one of our team members will get in touch with you to further assist you. You can also give us a call.

Q: Does this property come with clear title?
A: All our properties come with clear title. We highly recommend you purchase title insurance as well.

Q: Why is the property address and location information hidden?
A: This property is a premium property and is completely off-market. Full access is available to premium clients only. If you are not a premium client, we require to have an executed non-disclosure agreement on file in order to share the property details with you.

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This is a premium off-market property. In order to unlock the address, you will need to sign a non-disclosure agreement. Please sign up or sign in into your account to get started.

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