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$ 425,000
Est. payment /mo
Active
7624 Rosewood Drive Blanchester, OH 45107
5 Beds
5 Baths
4,108 SqFt
UPDATED:
11/20/2024 01:59 AM
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,108 sqft
Price per Sqft $103
MLS Listing ID 924123
Bedrooms 5
Full Baths 5
Year Built 1971
Annual Tax Amount $7,366
Lot Size 0.404 Acres
Lot Dimensions 79x26
Property Description
This is a rare find - a stabilized asset with meat on the bones for value-add investors. Whether you're a seasoned investor looking for consistent income or a first-time commercial buyer seeking a manageable opportunity with room to grow, these townhomes are a must-see.Both buildings are in great condition with updates made over the years, ensuring lower maintenance costs and tenant satisfaction. While occupancy is strong, there's still room to increase revenue through targeted rent adjustments and additional fees (e.g., pet fees, parking, utilities). The property offers investors a rare blend of stability and upside, making it an attractive addition to any portfolio.Opportunities like this don't last long in the Blanchester market. Contact us today to request the full financial package, schedule a tour, and secure your foothold in this lucrative investment!Financials based on pro-forma, not actual.Property is being sold with 7630 Rosewood Dr, MLS#924126
Location
State OH
County Clinton
Zoning Commercial
Rooms
Basement Slab
Interior
Heating Forced Air, Natural Gas
Cooling Central
Exterior
Parking Features None
Building
Structure Type Aluminum,Wood
Schools
School District Blanchester
Listed by Agora's Maxxed Out Realty