Real Estate Investors Association of Greater Cincinnati

854 S Main St, Franklin, OH 45005

Multiple Family / 4 Bedroom(s) / 3 Bath(s)

Property Status: Available (Wholesale) |  For Sale: $140,000.00

Property Photos

Franklin, OH Turnkey Tri-Plex - $140,000

Property Status:
This Property is currently...
  • Status: Available (Wholesale)
  • For Sale: $140,000.00
Property Details:
Multiple Family / 4 BR / 3 BA
Property Style:
Year Built:
Finished Sq Ft:
Unfinished Basement
Owner / Agent:
Property Features:
No Property Features Listed.
Contact Info
Proper Offer, LLC
(513) 377-1663

View on Individual's Website
Property Description:
854 S Main St, Franklin, OH 45005

Turnkey 3 family. 

Total Gross Rent: $2,050.00

-New windows
-Two furnaces: one brand new, other probably 15-20 years old, runs great & maintained well but should budget to be replaced in a few years.
-No AC, all units have window units
-3-year-old roof
-Off-street Parking
-Well maintained yard and shed in back

(2) 1bed, 1bath, (1) 2 bed, 1 bath. All are separately metered. Tenants pay utilities, owner pays for water.

Two bottom units: 1 bed 1 bath
1: Fair kitchen, good bathroom - cracked tile in kitchen but rest of unit was renovated with not so modern color schemes
Rented $750/mo

2: Fair Bathroom, fair kitchen
Efficiency unit, has electric baseboard heat
Rented $500/mo

Upstairs unit: 2 bed 1 bath
3: New kitchen, new bathroom, extremely clean unit
Rented $800/mo

Unfinished, walkout basement. There was slight water found after the storms this past week, most likely from improper downspout discharge.

Tenants are all pretty clean and seemed stable. All tenants have about 8-10 months remaining on leases.

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Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee.

Real Estate Investors Association of Greater Cincinnati is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

Contact Us

Real Estate Investors Association of Greater Cincinnati

3707 Warsaw Avenue
Cincinnati, OH 45205
(513) 407-3137

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