Huge multifamily featuring five three bedroom units and additional acreage. Former nursing home converted into cash-flowing apartment with gross income of $59,400, four leases that expire in the spring and one month-to-month tenant. 8% cap rate with actuals. Great up side with market rental comps of $1250-$1400. LOW OWNER EXPENSES. Tenants pay water and heat, owner pays trash and common space electric. Moments from The Village of Morrow!
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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than CincyMLS are marked with the Broker Reciprocity™ logo (the small black house) and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. Updated: 28th March, 2023 11:46 PM (UTC)
Listing Agent: James Smalligan
Listing Office: Keller Williams Advisors