South Broadway
For sale
Price
Beds/baths
Home type
South Broadway, OH Homes for Sale
Slavic Village 3-unit rental property perfect add to any portfolio. Full occupancy, earn cash flow from day 1 generating $23,100/yr rental income (self-pay tenants). Expenses approx. $7,000/yr, CAP RATE 12% Many updates to each unit. Back Lower Unit - $475/month, 1 bed 1 bath, new plumbing, drain, bath fixtures, paint carpet. Front Lower Unit - $650/month, 2 beds 1 bath, LVT flooring throughout, paint, carpet, newer bath. Upper Unit - $800/month, 2 bed 1 bath, paint, tiled shower, access to third floor "den" not a bedroom and attic. Basement structurally sound, support posts replaced, many sistered joists, one newer furnace and new hot water tanks x3, coin washer/dryer will stay.
Welcome to this fantastic investment opportunity! This updated cape cod with a charming front porch has a spacious living room with carpeting and a bay window providing plenty of natural light. The dining room is conveniently located off the kitchen with a ceiling fan and light fixture. The kitchen has newer flooring, newer fixtures and updated countertop. The 2nd floor has two bedrooms with newer carpeting and ceiling fans that share the updated hall bath. The unfinished basement offers plenty of storage and laundry hook ups. Conveniently located near shopping, schools and highways, this is a great starter home or addition to your investment portfolio.
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