This is your second chance to own this property that came back on the market due to the lender's inability to get it to close! One of the most unique multi-family properties in New Carlisle, which used to be a local hotel years and years ago, has been converted into a 5-family, three 1-bedroom 1 bath units, two 2-bedroom 1 bath units. Gross rents are currently $3195/month, not counting the rents for the garages (2 car garage and 1 car garage), and with upside rents property should cash flow day 1! Rents and current lease exp as follows: Unit 1-$750 (6/25), 2- $500 (M/M), 3-$570 M/M and 4-$590 (12/2024). Unit 5-$785 (7/2025) Don't wait to own this beauty!
Price | : | $300,000 |
Status | : | Active |
Property Type | : | Multi-Family |
Room Count | : |
State | : | OH |
City | : | New Carlisle |
Area | : | 4606 sqft |
Build Year | : | 1901 |
Heatingand Fuel | : | Forced Air, Natural Gas |
Cooling | : | Central |
MLS# | : | 924895 |
Lot Size Sq_Ft | : | 10890 |
Garage Carport | : | None |