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416 Harrison Avenue , 416 1/2

Lancaster, OH 43130
  • $195,000
  • STATUS: Active
  • ON SITE: 71 days
  • MLS #: 221016218
UPDATED: 60 min ago
$195,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,960
    SQFT
  • $66
    $/SQFT
Type:
Multi-Family
Built:
1992
County:
Area:

School Ratings & Info

School District:

Description

Incredible opportunity to add this cash cow triplex to your investment portfolio. This property consists of a large 1,400 sq.ft. 3BR 2BA single family home and spacious 1,560 sq.ft. upstairs/downstairs duplex on the same parcel. The property has $20,000 in recent improvements with a new roof on the duplex and partial roof replacement on the SFR. In-place rents are a combined $2,300/mo. pushing this deal to the 1% rent-to-price ratio. One lease expires in December 2021 and the remaining leases are month-to-month to accommodate an owner-occupant. Professional property management is in place.

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© 2021 Columbus Board of Realtors. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Capital Partners. Data last updated: 2021-07-25T10:51:31.377.
www.susannecasey.com/homes/117246093
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416 Harrison Avenue , 416 1/2 Lancaster, OH 43130

  • Price: $195,000
  • Status: Active
  • Updated: 60 min ago
  • MLS #: 221016218
0
Beds
0
Baths
0
½ Baths
0.11
Acres
2,960
SQFT
$66
$/SQFT
1992
Built
County:
Fairfield
Area:
Lancaster
School District:
Lancaster Csd 2305 Fai Co.
Property Description
Incredible opportunity to add this cash cow triplex to your investment portfolio. This property consists of a large 1,400 sq.ft. 3BR 2BA single family home and spacious 1,560 sq.ft. upstairs/downstairs duplex on the same parcel. The property has $20,000 in recent improvements with a new roof on the duplex and partial roof replacement on the SFR. In-place rents are a combined $2,300/mo. pushing this deal to the 1% rent-to-price ratio. One lease expires in December 2021 and the remaining leases are month-to-month to accommodate an owner-occupant. Professional property management is in place.
Exterior Features

Construction Frame Lot Size Frontage 37 Lot Size Side 130

Interior Features

Air Conditioning CentralWindow Heat Fuel Gas Heating Forced Air

Property Features

1 Bedroom Monthly Rent Per Unit 650.00 1 Bedroom Units 2 3 Bedroom Monthly Rent Per Unit 1000.00 3 Bedroom Units 1 Auction No Between Street1 5th Between Street2 Union Buildings 2.00 Built Prior To1978 Yes Corp Limit Per Auditor Lancaster Financials For Year Of 2020 For Exchange No For Sale Yes Multifamily Sub Type Combination New Financing Conventional Occupancy Rate 100 Services Available ElectricGasSanitary SewerStorm SewerWater Tax District 053 Tax Incentive Yes Tax Year 2020 Taxes Yearly 1756.00 Tenant Pays ElectricityGasSewerTrash CollectionWater Township None Year Remodeled 2019

Listing provided courtesy of Brandon S Sturgill of Ownerland Realty, Inc.


© 2021 Columbus Board of Realtors. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Capital Partners. Data last updated: 2021-07-25T10:51:31.377.
 
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Keller Williams Capital Partners
100 E Wilson Bridge Road
Columbus OH, 43085