Bought with Eric Schomber
$275,000
$299,200
8.1%For more information regarding the value of a property, please contact us for a free consultation.
12 Beds
6 Baths
SOLD DATE : 04/24/2025
Key Details
Sold Price $275,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 305338
Sold Date 04/24/25
Style Ranch, 2 Story
Bedrooms 12
Full Baths 6
HOA Y/N No
Property Sub-Type Multi Family
Source West Central Association of REALTORS® (OH)
Property Description
Check out this fantastic 6-unit real estate investment opportunity. These Superior properties have 4 rented out and 2 vacant properties currently. Even with these vacancies, the property delivers a solid cap rate of 8%. By renting the vacant units and raising rents to market levels, the cap rate could climb. Whether you're just starting out as a landlord or expanding your portfolio, this is a tremendous opportunity. Reach out today to explore this promising investment!
Location
State OH
County Allen
Direction All showing will require a letter of intent or an accepted offer. Tenants rights apply.
Body of Water Public
Interior
Heating Other, Baseboard, Forced Air, Natural Gas
Cooling See Remarks
Exterior
Parking Features Varies by Unit
Garage Spaces 7.0
Utilities Available Water Connected, Electricity Connected
Roof Type Asphalt
Porch Covered, Porch
Garage No
Building
Faces All showing will require a letter of intent or an accepted offer. Tenants rights apply.
Foundation Block, Crawl Space
Sewer Public Sewer
Water Public
Architectural Style 2 Story, Ranch
Structure Type Stucco
Schools
School District Lima
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Fair Market
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REALTOR® | Lic# 2016001186 | Lic# 2024004146