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    108 Wayne Avenue

    London, OH 43140
    • $550,000
    • STATUS: Active
    • ON SITE: 520 days
    • MLS #: 219011973
    UPDATED: 44 min ago
    $550,000
    • 0
      BEDS
    • 3.7
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,557
      SQFT
    • $121
      $/SQFT
    Type:
    Multi-Family
    Built:
    1957
    County:
    Area:

    School Ratings & Info

    School District:

    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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    © 2020 Columbus Board of Realtors MLS, Inc. All rights reserved. IDX information deemed reliable but not guaranteed. Data last updated 2020-09-18T17:51:41.977.
    www.columbusignaturehomes.com/homes/93766562
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    108 Wayne Avenue London, OH 43140

    • Price: $550,000
    • Status: Active
    • Updated: 44 min ago
    • MLS #: 219011973
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.7
    Acres
    4,557
    SQFT
    $121
    $/SQFT
    1957
    Built
    County:
    Madison
    Area:
    London
    School District:
    London Csd 4903 Mad Co.
    Property 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%
    Exterior Features

    Construction Block Parking Type 2 Off Street

    Interior Features

    Air Conditioning Window Heat Fuel Electric Heating Other

    Property Features

    2 Bedroom Units 4 3 Bedroom Units 2 Alternate Uses Residential Auction No Between Street1 Liberty Street Between Street2 First Street Built Prior To1978 Yes Corp Limit Per Auditor London Expenses Electricity 240.00 Expenses Property Insurance 4115.00 Expenses Real Estate Taxes 3745.00 Expenses Repairs And Maintenance 675.00 Financials Effective Income 42225.00 Financials For Year Of 2018 Financials Gross Rental Income 51000.00 For Exchange No For Sale Yes Mult Parcels Sch Dis No Multifamily Sub Type Combination New Financing Conventional Occupancy Rate 100 Services Available ElectricGasSanitary SewerWater Tax District 31 Tax Year 2018 Taxes Yearly 3745.00 Tenant Pays ElectricityGasSewerTrash CollectionWater Township None Use Code 510 - SIN FAM DWELL:PLATTED LAND Year Remodeled 2018

    Listing provided courtesy of Troy D Fabish of Keller Williams Consultants Realty
    © 2020 Columbus Board of Realtors MLS, Inc. All rights reserved. IDX information deemed reliable but not guaranteed. Data last updated 2020-09-18T17:51:41.977.
     
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