497 Old Boston Road Batavia Twp, OH 45103
Listing Courtesy of: CincyMLS / ERA Real Solutions Realty / Jon DeCurtins

  497 Old Boston Road Batavia Twp, OH 45103

Pending (17 Days)
$1,390,000
19,260
SQFT

Description

Fully occupied multifamily investment opportunity in excellent rental market. Twenty, 2 bedroom apartment units (~750 sqft) in two buildings situated on 1.25 acres. Tenants pay for heat and electric (separately metered). Ample parking onsite w/room for expansion. Onsite pay laundry is managed by 3rd party vendor (Jets). Storage lockers available for each unit. Located 0.5 miles from St Rt 32 and downtown Batavia making it walkable/rideable to shops/dining etc. Short drive to Eastgate shopping district (6.5 miles). Average rents are well below current market rents, coupled with quickly growing demographics and new Purina factorty makes for compelling upside. Current NOI is $120,000+. No owner financing available. 100% occupancy.

MLS #:
1822853
Lot Size
1.25 acres
Type
Multifamily
Year Built
1970
School District
Batavia Local Sd
County
Clermont County

Listed By

Jon DeCurtins, ERA Real Solutions Realty
Source
CincyMLS
Last checked Nov 15 2024 at 4:03 AM GMT+0000
Bathroom Details
Interior Features
  • Storage Area
Property Features
  • Fireplace: None
  • Foundation: Poured
Heating and Cooling
  • Electric
  • Forced Air
  • Central Air
Exterior Features
  • Balcony
  • Roof: Shingle
  • Roof: Membrane
Utility Information
  • Sewer: Public Sewer
  • Fuel: Electric
Garage
  • None
Parking
  • Asphalt
Stories
  • Two
Living Area
  • 19,260 sqft

Listing Brokerage Notes
Buyer Brokerage Compensation: 3%
*Details provided by the brokerage, not MLS (Multiple Listing Service). Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Disclaimer: Data last updated: 11/14/24 20:03