Description
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, 112 Wayne Avenue and 228/230 E. First Street. 14 Total Bedrooms , 6.5 Total Bathrooms. $4,400 Monthly Income/$52,800 Annual Income. $8775 Expenses. 8.2% 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 $9600 a year in income. Combining 205 E. First Street with the Multi family compound produce $62,100 in income, for a cap rate of 9.6%
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0BEDS
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3.7ACRES
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0BATHS
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01/2 BATHS
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4,557SQFT
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$121$/SQFT
Description
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, 112 Wayne Avenue and 228/230 E. First Street. 14 Total Bedrooms , 6.5 Total Bathrooms. $4,400 Monthly Income/$52,800 Annual Income. $8775 Expenses. 8.2% 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 $9600 a year in income. Combining 205 E. First Street with the Multi family compound produce $62,100 in income, for a cap rate of 9.6%
© 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 ERA Real Solutions Realty. Data last updated: 2021-01-24T11:51:38.497.