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240 N Wayne

Lockland, OH 45215 View Map $139,000 Schedule a Tour
Sq.Ft.2,632
Year1939

Paul Sian

(513) 560-8002
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Status: Active
Property Type:Multi Fam 2-4 Units
MLS #:1695336
Sq. Feet:2,632
On Site:3 Days
Lot Size:5,968 Sq. Ft.
County:Hamilton
240 N Wayne is a 100% Occupied 4-Unit, consisting of Four [4] 1 Bed | 1 Bath Units. Priced at a 9.66% Cap Rate on Actuals, with a 22.95% Cash-on-Cash Return (YR 1). This is a value add property with averages rents at $526, which puts them at $0.88 per sq ft. Tenants are responsible for Hot Water & Electric, and the Owner pays Heat & Water. Boiler replaced within the past 10 years, Roof 10+ years old, and Windows are insulated vinyl.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:240 N Wayne Lockland, OH 45215
County:Hamilton
Zip Code:45215
Neighborhood:Lockland

School Information

School System:Lockland City SD
High School:Lockland City Sd

Architecture

Year Built:1939
Stories:Two
Construction Materials: Brick
Stories: Two
Roof: Shingle
Foundation: Poured
Foundation: Poured
Basement: Full
Parking Features: Onstreet

Features / Amenities

Total Sq. Ft.:2632
Cooling Yes/No: Yes
Cooling: Window Unit
Heating: Gas
Gas: Natural

Property Features

Lot Size: 0.14 Acres / 5,968 Sq. Ft.
Lot Dimensions:0.14
Lot Dimensions: Of Record
Sewer: Public Sewer
Water: Public
Directions:Get on I-75 N from E 6th St. Follow I-75 N to E Galbraith Rd. Take exit 10B from I-75 N. Drive to S Wayne Ave in Lockland

Tax and Financial Info

Gross Income: $25,284
Net Operating Income: $13,422
Insurance Expense: $1,161
Other Expense: $120
Semi-Annual Taxes: $731.91

Listing Office

Listing provided courtesy of Brian Coyle (203-918-3944), 3Cre Advisors, Llc (513-745-9333).

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240 N Wayne Lockland, OH 45215
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240 N Wayne Lockland, OH 45215
 
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The data relating to real estate for sale on this Web site comes in part from the Broker Reciprocity programs of the MLS of Greater Cincinnati, Inc. Those listings held by brokerage firms other than United Real Estate Home Connections are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity. Data last updated April 11, 2021.

Property Summary:

Home for sale at .

Description: The property at 240 N Wayne Lockland, OH 45215 with the MLS# 1695336 is currently listed for $139,000 and has been on the Lockland market for 2 days.

GeoCoordinates:
39.2294061
-84.4605925

List Price: $139,000

You are viewing the listing details of the home for sale at 240 N Wayne Lockland, OH 45215, which is located in Hamilton County and features 0 bedrooms and 0 bathrooms.