Listed by Keller Williams Home Town Realty, DSI Properties
$610,000
Historic]Apartment Building: 5-Apts with Commercial Unit
Details
APN K48-25-00-01-16-027-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,954
Units 6
Cap Rate 6.19%
NOI $37,756
Occupancy 100%
Year Built 1900
Buildings 1
Stories 2
Acreage 0.143
Zoning B-3
Multifamily | 6.00% CAP | 6 Units: Historic Downtown 127 Miami St Urbana, OH 43078
Marketing description
Located in the heart of Downtown Urbana, the Dr. Adam Mosgrove House at 127 Miami Street is a nationally recognized historic landmark built in 1833 and listed on the National Register of Historic Places. Zoned B-3, this Federal-style brick, two-and-a-half-story apartment building features five one-bedroom apartments with shared main-level laundry for tenant convenience, an unfinished top-floor unit with expansion potential, and an additional vacant lot with parcel # K48-25-00-01-16-028-00, along with a walk-out lower-level commercial unit addressed as 109 W Walnut Street, currently occupied by a plumbing business that has operated at this location for 72 years.
Listing Contacts
Listed by Keller Williams Home Town Realty, DSI Properties
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$37,756.00
$3,146.33/mo
Valuation Metrics
0
DSCR
6.19%
Cap Rate
6.19%
ROI
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