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MLS® ID: 219011973

108 Wayne Avenue

London, Ohio, 43140

$600,000 Active
  • 4 Beds
  • 4557 SQFT
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. $4,250 Monthly Income/$51,900 Annual Income. $8775 Expenses. 7.19% 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 $9300 a year in income. Combining 205 E. First Street with the Multi family compound produce $61,200 in income, for a cap rate of 7.6%
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Listing courtesy of Keller Williams Consultants Realty

Amenities

  • Zip
    43140
  • Office name
    Keller Williams Consultants Realty
  • SQFT
    4557
  • Bedrooms
    4
  • Property type
    Combination
  • School district
    LONDON CSD 4903 MAD CO.
  • Year built
    1957
  • Lot size
    3.70
  • Heating
    Other
  • Tax year
    2018
  • Agent name
    Troy Fabish
  • Tax amount
    $ 3745.0
  • Purchase Type
    Active
  • Price Range
    $500k-$600k
  • Square Feet Range
    4000-5000 sq ft.
  • Bedrooms Range
    4 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    06110
  • Agent ID
    658011551

Location

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