108 Wayne Avenue - MLS #:219011973

London, OH, 43140, US

$550,000

$550,000

-

beds

-

baths

-

square ft

-

acres

-

year built

MLS #:219011973


share

Contact Agent


UPDATED: Apr, 25th 2025 12:12PM

Fantastic Multi Family Investment Opportunity on a Beautiful Wooded Lot with 4 Single Freestanding Homes and 1 Duplex. 100% Tenant Occupied. Addresses are 106, 108, 112 Wayne Avenue and 228/230 E. First Street. 14 Total Bedrooms , 6.5 Total Bathrooms. $4,400 Monthly Income/$52,800 Annual Income. $8775 Expenses. 8.2% cap. 3.69 Acres. Water, Sewer & Gas Lines and Taps are in place for 3 additional units, with additional room to build more units. Own your own multi family compound in beautiful London. Can be sold with 205 E. First Avenue, Parcel ID 31-02091.000 982 SF Single Freestanding Home with 982 SF, 2 Bedroom, 1.5 Bathroom Home. This home provides $9600 a year in income. Combining 205 E. First Street with the Multi family compound produce $62,100 in income, for a cap rate of 9.6%

    Columbus Board of Realtors
    Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
    Associated with Realtor and Fair Housing Associations

    Call us Now 937.435.6000

    © 2025 Home Experts Realty. All rights reserved.