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1250 1252 Main ST Lakemore, OH 44312
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Key Details
Sold Price $179,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,188 sqft
Price per Sqft $81
Subdivision Springfield 07
MLS Listing ID 4221626
Sold Date 10/30/20
Bedrooms 4
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 2,188
Year Built 1994
Annual Tax Amount $2,924
Lot Size 0.360 Acres
Acres 0.36
Property Description
ATTENTION INVESTORS! Welcome to 1250-1252 Main St. Lakemore, OH. Great opportunity to add an easy cash flowing property to your portfolio. This property is currently 100% rented out totaling $1410/month. Both tenants are on a month-to-month lease. This property could have potential for a possible cap rate up to 11% or a possible cash on cash return of 35% up to 40%. Owner pays water/sewer/trash removal and grass cutting. Tenants pay gas/electric. Owner has replaced both water heaters and both sump pumps in 2015. Some additional updates have been newer roof, a newer AC in one unit, and an updated kitchen in one of the units. Schedule your private showing today so you can make 1250 - 1252 Main St. Lakemore, OH your next investment property!
Location
State OH
County Summit
Rooms
Basement None
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Direct Access, Garage, Garage Door Opener, Paved
Garage Spaces 2.0
Garage Description 2.0
View Y/N Yes
Water Access Desc Public
View Water
Roof Type Asphalt,Fiberglass
Building
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Schools
School District Springfield Lsd Summit- 7713
Others
Tax ID 5402012
Financing FHA
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Bought with Shirley Ryan • Tarter Realty