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31866921
32340305

338 E Mulberry Street, Lancaster, OH 43130

JB
2015001294
Howard HannaRealEstateServices
Listed by Howard HannaRealEstateServices
$280,000
52 days on market
Updated 37 days ago
Opportunity zone

338 E Mulberry Street

Details
APN 05-33019-100
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 2
NOI $900
Price per SqFt $121
Year Built 1900
Acreage 0.240

Multifamily | 2 Units

Marketing description

Looking for an investment property? Maybe you want to live in one part of the home and rent out the other part. This historic, Italianate beauty is close to the downtown action. Original woodwork, hardwood floors, beautiful fireplaces, tall ceilings and a cascading staircase are just some of the features this home has to offer. All appliances convey with the property. A first floor laundry room is a huge plus, especially for an older home. The spacious backyard and brick patio area lend itself to a multitude of activities. There's even space to build your own garage. The exterior has been recently painted. The auditor's site states a four bedroom but because of modifications over the years, it's currently listed as a two bedroom. The duplex would consist of one bedroom unit downstairs and a two bedroom unit upstairs. Each would have their own private entrance. The home is currently zoned as a duplex or single family dwelling depending on your needs. Current tenant is on a month to month lease.
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Listing Contacts

JB
2015001294
Howard HannaRealEstateServices
Listed by Howard HannaRealEstateServices

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$900.00
$75.00/mo

Valuation Metrics

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DSCR
0.32%
Cap Rate
0.32%
ROI

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