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$ 669,000
Est. payment | /mo
19 Beds
13 Baths
11,834 SqFt
$ 669,000
Est. payment | /mo
19 Beds
13 Baths
11,834 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 11,834 sqft
Price per Sqft $56
MLS Listing ID 920527
Bedrooms 19
Full Baths 13
Year Built 1900
Annual Tax Amount $11,052
Lot Size 0.489 Acres
Lot Dimensions 101x206x104x207
Property Description
**For Sale: 13-Unit Multifamily Property in Brookville, OH – High Yield Investment Opportunity** Welcome to this incredible 13-unit multifamily property located in the heart of Brookville, Ohio. This turnkey investment opportunity offers a **9.7% cap rate** and a **16.2% cash on cash return**, with the potential for **unlimited cash flow**! The property consists of five buildings, including a charming, small independent house and multiple detached garages. Off-street parking provides convenience for tenants, while recent updates include the roof and vinyl siding enhance curb appeal and longevity. An on-site coin-operated laundry facility adds additional revenue potential. Many of the units have been recently updated, and there are two vacant units available for immediate showings, allowing for easy tenant transition or further customization. Conveniently located with easy access to highways, local dining, and shopping, this property is ideally situated to attract renters. Whether you're a seasoned investor looking to expand your portfolio or just getting started, this is an outstanding opportunity with huge growth potential. Don’t miss your chance to own this high-performing asset!
Location
State OH
County Montgomery
Zoning Residential
Rooms
Basement Partial, Unfinished
Interior
Heating Other
Cooling Wall, Window Unit
Exterior
Exterior Feature Covered Patio, Deck, Porch
Parking Features 4 or More, Attached, Detached
Utilities Available City Water, Sanitary Sewer
Building
Structure Type Vinyl
Schools
School District Brookville
Listed by Howard Hanna Real Estate Serv
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James May
Realtors | Lic# 3002249