Great Investment/income Opportunity in this multi family property located minutes from schools, shopping,etc...Building 1 has 3 units and building 2 has 1 unit. Cap rate over 15%. Property is fully rented with long term tenants who want to stay. All units have separate electric meters but shared water/trash which is included in rents. Photos and disclosures coming 7/9/2020
Off market
$237,900
221 W Union St, Mount Gilead, OH 43338
--beds
0baths
2,448sqft
MultiFamily
Built in 1979
-- sqft lot
$237,900 Zestimate®
$97/sqft
$1,091 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Radiant, Electric, Gas
Cooling
- None
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 2,448 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport, Garage
Features
- Exterior features: Other
Lot
- Size: 0.75 Acres
Details
- Parcel number: G200090006502
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Conventional
Materials
- Frame
Condition
- Year built: 1979
Utilities & green energy
- Utilities for property: Natural Gas Connected, Electricity Connected, Water, Sanitary Sewer
Community & neighborhood
Location
- Region: Mount Gilead
Other
Other facts
- Heating: Radiant, Electric
- GarageYN: true
- CarportYN: true
- HeatingYN: true
- Utilities: Natural Gas Connected, Electricity Connected, Water, Sanitary Sewer
- OwnerPays: Trash Collection, Water
- ConstructionMaterials: Aluminum Siding
- CurrentFinancing: Conventional
- ElectricOnPropertyYN: True
- InsuranceExpense: 1200.00
- TenantPays: Electricity
- ParkingFeatures: Shared Driveway, 1 Carport
- GrossIncome: 28500
- NumberOfUnitsTotal: 4.00
- WaterSewerExpense: 175.00
- VacancyAllowanceRate: 0
- NumberOfBuildings: 2.00
- GrossScheduledIncome: 28500.00
- MlsStatus: Active
- NewTaxesExpense: 1849.37
Services availability
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.