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America's Best Value Realtors
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| Richard Wuebker |
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Email Richard |
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Phone: |
(937) 439-4444 |
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Cell: |
(937) 271-6857 |
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Fax: |
(937) 433-0427 |
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Address:
308 S. 2nd Street
Type: Multifamily
Style:
Bedrooms: 1
Bathrooms: 1
Lot Type: Rectangular
Lot Size:
6490 sq. ft.
50ft x 130ft
Year Built: 1942
Taxes: $1,862.00 (2008)
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Looking for a turn-key real estate investment? One of twenty-nine adjacent buildings w/four 1 bed units offered by the seller, these are perfect for the absentee or inexperienced landlord. HVAC, electric and windows are just a few of the updates. Each building comes with a passive management HOA package including: tenant screening, an ongoing advertising campaign, on site management, lawn care and tenant use of the coin-op'' laundry facility. Tenants pay all utilities except trash. Gross Inc-$19,152, Tot Exp-$5,298, NOI-$13,854, Cap Rate-8.7, cash on cash-27.67%. Located next to the Wright Patt Commissary. Also could be a great investment hedge for Wright State parents, base & military personnel and contractors. Sellers have interested local lenders for qualified purchasers. Visit www.wrightvillage.com for apartment community rental information. Call 937-439-4444 to see this property today!
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Interior Features
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▪ Ceiling Fan
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▪ Hardwood Floors
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Cooling
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Exterior Finish
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Heating
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▪ Forced Air
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▪ Natural Gas
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Appliances
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Sewer/Water Systems
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