Listed by Berkshire Hathaway HomeServices Professional Realty Mason, Berkshire Hathaway HomeServices Professional Realty
$985,000
630 W 6th St
Details
Property Type Multifamily
Sub Type Apartment Building
Units 12
Cap Rate 7.33%
NOI $72,161
Occupancy 100%
Tenancy Multi
Price per SqFt $82
Buildings 1
Stories 2
Acreage 0.590
Zoning 1973
Investment Type Stabilized
Multifamily | 7.33% CAP | 12 Units
Marketing description
12-unit Multifamily In Port Clinton, Ohio Featuring 8 One-bedroom And 4 Two-bedroom Units, All Currently Occupied. Gross Rental Income Currently Exceeds $125,000 Anually With Current Rent Rolls. Tenants Cover Electric; Owner Is Responsible For Heat, Water/sewer, And Garbage Via A Central Hot Water Boiler System Approximately 8 Years Old. Additional Income From Newly Installed Digital Laundry System (feb. 2026. Seller Financing Available To Qualied Buyers. Showings By Appointment With Signed Loi Or Approved Financing Only.
Investment highlights
- 12-unit Multifamily In Port Clinton, Ohio Featuring 8 One-bedroom And 4 Two-bedroom Units, All Currently Occupied
- Gross Rental Income Currently Exceeds $125,000 Anually With Current Rent Rolls
- Tenants Cover Electric; Owner Is Responsible For Heat, Water/sewer, And Garbage Via A Central Hot Water Boiler System Approximately 8 Years Old
- Additional Income From Newly Installed Digital Laundry System (feb. 2026)
- Seller Financing Available To Qualied Buyers
Listing Contacts
Listed by Berkshire Hathaway HomeServices Professional Realty Mason, Berkshire Hathaway HomeServices Professional Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,161.00
$6,013.42/mo
Valuation Metrics
0
DSCR
7.33%
Cap Rate
7.33%
ROI
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