Key Realty
Listed by Key Realty
$375,000
106 Lind Street
Details
APN 52-032-05-02-002-000
Property Type Hospitality, Land
Sub Type Hotel, Residential
Net Rentable (SqFt) 2,928
Units 4
NOI $26,000
Price per SqFt $128
Year Built 1953
Year Renovated 2022
Acreage 0.150
Hospitality
Marketing description
Turnkey income-producing multi-family opportunity in the heart of Indian Lake, located directly across from the lake and just behind the well-known Indian Head Restaurant. This unique four-unit property consists of two separate cottages and a third building configured as a duplex, offering a boutique-style investment with diversified rental appeal. All units are currently rented, delivering immediate and consistent cash flow. The property has seen numerous updates across the units, supporting strong rental performance and a reliable return on investment. Complete profit and loss statements are available for qualified buyers, along with a detailed breakdown of improvements and associated costs by unit. Whether you are expanding an existing portfolio or seeking a distinctive multi-family investment near one of Ohio's most popular lake destinations, this property is fully operational and ready to perform from day one.
Listing Contacts
Key Realty
Listed by Key Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$26,000.00
$2,166.67/mo
Valuation Metrics
0
DSCR
6.93%
Cap Rate
6.93%
ROI
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