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Batavia Twp, OH 45103 497 Old Boston Road

Pending
497 Old Boston Road Batavia Twp, OH - Image 1497 Old Boston Road Batavia Twp, OH - Image 2497 Old Boston Road Batavia Twp, OH - Image 3
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Presented By: ERA REAL Solutions Realty, LLC;
  • MLS# 1822853
  • 10/28/2024
  • Request Tour
  • Request Info
  • SQFT • 19,260
  • Garage • 40

Home Details

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.
Presented By: ERA REAL Solutions Realty, LLC;

Interior Features for 497 Old Boston Road

Bedrooms

Unit2Bedrooms0
Unit4Bedrooms0
Bedrooms Possible
Unit1Bedrooms
Unit3Bedrooms

Bathrooms

Unit 1 Full Baths0
Unit 2 Full Baths
Unit 3 Full Baths

Other Interior Features

BasementNone
Fireplace FeaturesNone
Window FeaturesAluminum, Vinyl

General for 497 Old Boston Road

CityBatavia Twp
Close Price0.0
Construction MaterialsBrick
CoolingCentral Air
CountyClermont
DirectionsSR 32 to Riverside Dr, head south, left on Diana Ave, Right on East Charles and then right on Old Boston.
Exterior FeaturesBalcony
GarageNone
Garage Spaces40.0
HeatingElectric, Forced Air
High School DistrictBatavia Local SD
Interior FeaturesStorage Area
LevelsTwo
Lot Size Square Feet54450.0
Lot Size UnitsAcres
MLS AreaClermont-C01
Net Operating Income120202.0
NumberOfUnitsTotal20
Open Parking Spaces40
Property SubTypeApartment
Property TypeResidential Income
RoofShingle, Membrane
SewerPublic Sewer
StatusPending
Structure TypeApartment 5+
Unit 1 Rent0.0
Unit 2 Rent0.0
Unit 3 Rent0.0
Unit 4 Rent0.0
Year Built1970

Exterior for 497 Old Boston Road

Foundation DetailsPoured
Lot Size Acres1.25
Parking FeaturesAsphalt
Water SourcePublic

Additional Details

Price History

Nancy Sones

Realtor
Price $1,390,000
MLS#1822853
List Date 10/28/2024
Property Type Pending
Phone 513.509.6647
Request Tour
Request Info
Visit My Website

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