6 Stewart Avenue London, OH 43140

Multi Unit - Multiple MLS 225040355 Sold
Closed 252000
  • 6 Stewart Avenue , London, OH 43140 Photo 1
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Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 614-871-0808
Agent Name: Jesse E Bobo

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Solid Investment Opportunity!These three units were fully renovated from the ground up starting in 2019 and offer a strong return and long-term potential. One tenant has been in place for 4 plus years, paying below-market rent, giving you room to boost revenue. Tenants pay for all utilities. The middle unit was recently vacated (August 31st) after 4 years (+ / -) and was intentionally left vacant to make showing easy. The vacant unit can be scheduled to show, the other two can be seen with a 24-hour notice due to tenants' rights, after you have toured the vacant unit. Be sure to request the full list of upgrades from your agent â?? it's included in the listing documents. Any tenant deposits will be transferred to the buyer at closing. Pictures are of the middle unit. There are no HOA fees with this property.Don't miss this chance to own a turn-key investment property with upside!

Property Features

Property Type: Multi Unit - Multiple
Days on Market: 18
Lot Size: 0.30 Acres
Taxes: $1,638
Year Built: 1959

Feature Descriptions

Parcel #: 31-02002.000
Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer

Local Schools

School District: LONDON CITY

Demographics

Madison County Demographic Information for
Fips
Fips Code 39097
Population
2020 to 2023 Change up 1.8%
2010 Count 43,435
2020 Count 43,824
2023 Estimate (V2023) 44,602
2020 Estimate (V2023) 43,843
Age Distribution (Years Old)
0 to 4 5.1%
5 to 17 20.8%
18 to 64 59.2%
65 and Older 14.9%
Gender
Male 55.0%
Female 45.0%
Place of Birth
Foreign 1.9%
US 98.1%
Education
High School Graduate, Age 25+ 88.8%
Bachelor's Degree or Higher, Age 25+ 20.4%
Computer and Internet use
Households with a computer 93.4%
Households with a broadband Internet subscription 89.1%
Language
English is Second Language, Age 5+ 5.1%
English is First Language, Age 5+ 94.9%
Veterans
Veterans 2,598
Income
Per Capita Income $33,512
Median Household Income $77,062
People in Poverty 10.0%
Commute
Average Work Commute Time 25 minutes
Housing
Total Housing Units 16,143
Households 15,264
Average Household Size 2.57
Owner-Occupied 75.9%
Multi-Family 13.2%
Owner-Occupied Median Value $201,200
Median selected monthly owner costs -with a mortgage $1,424
Median selected monthly owner costs -without a mortgage $547
Median gross rent $899
Building Permits
New Private Housing Issued 2023 274
Years at Residence
1 Year or More 85.9%
Less Than 1 Year 14.1%
Business and Employment
Private non-farm Establishments 711
Private non-farm Employment 15,740
Private non-farm Employment Growth up 6.6%
Nonemployer Establishments 3,013
Number of Firms 2,967
Business Production
Value of Shipments $1,328,540,000
Wholesale Trade $0
Retail Trade $1,745,971,000
Retail Sales Per Capita $0
Accommodation and Food Services $51,887,000
Land
Land Area 465.88 sq. miles
Population Per Square Mile 94

Source: US Census Bureau

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Estimated Payment

$ 1,614.50 per month $1,397.79 Principal & Interest $136.50 Property Tax $80.21 Homeowner's Insurance

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Croos Country Mortgage

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