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Beautiful Multi Family in London, OH

Listing was updated at: 05/15/2019
Beautiful Multi Family in London, OH Beautiful Multi Family in London, OH Beautiful Multi Family in London, OH Beautiful Multi Family in London, OH

Property Overview

Price/Rent PSF $ 600,000.00
Asset Type Multifamily
Trade Type Sale
SQ. FT. Available 4,557
Date Available 05/15/2019
Additional URL Link
Floors 1
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Description

Location
Multi family property includes 106, 108 & 112 Wayne Avenue and 228/230 E. First Street

Sale
Fantastic Multi Family Investment Opportunity on a Beautiful Wooded Lot with 4 Single Freestanding Homes and 1 Duplex. 100% Tenant Occupied. Addresses are 106, 108, 110, 112 Wayne Avenue and 228/230 E. First Street. 14 Total Bedrooms , 6.5 Total Bathrooms. $4,250 Monthly Income/$51,000 Annual Income. $8775 Expenses. 7% cap. 3.69 Acres. Water, Sewer & Gas Lines and Taps are in place for 3 additional units, with additional room to build more units. Own your own multi family compound in beautiful London. Can be sold with 205 E. First Avenue, Parcel ID 31-02091.000 982 SF Single Freestanding Home with 982 SF, 2 Bedroom, 1.5 Bathroom Home. This home provides $9300 a year in income. Combining 205 E. First Street with the Multi family compound produce $60,300 in income, for a cap rate of 7.5%. Can be sold with 205 E. First Avenue, Parcel ID 31-02091.000 982 SF SIngle Freestanding Home with 982 SF, 2 Bedroom, 1.5 Bathroom Home. Curbside Offers Only.

Location

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