**For Sale: 13-Unit Multifamily Property in Brookville, OH â High Yield Investment Opportunity** Welcome to this incredible 13-unit multifamily property located in the heart of Brookville, Ohio. This turnkey investment opportunity offers a **9.7% cap rate** and a **16.2% cash on cash return**, with the potential for **unlimited cash flow**! The property consists of five buildings, including a charming, small independent house and multiple detached garages. Off-street parking provides convenience for tenants, while recent updates include the roof and vinyl siding enhance curb appeal and longevity. An on-site coin-operated laundry facility adds additional revenue potential. Many of the units have been recently updated, and there are two vacant units available for immediate showings, allowing for easy tenant transition or further customization. Conveniently located with easy access to highways, local dining, and shopping, this property is ideally situated to attract renters. Whether you're a seasoned investor looking to expand your portfolio or just getting started, this is an outstanding opportunity with huge growth potential. Donât miss your chance to own this high-performing asset!
Two Brick 2-Story Buildings, Facing Each Other with 6 Spacious 1-Bedroom Units Each. 8 Units with 1st Floor Entry & 4 Units Upstairs, with Internal Entries Brand New Roof in June of 2023! Tenants Pay For Electric, Gas, Water & Sewer & Landlord Pays for Trash. Private Parking Lot for All 12 Units, with Additional Street Parking Available Right in Front of Buildings Each Unit has its Own Washer/Dryer Hookup! Range & Refrigerator Provided By Landlord. Superb Location Served by Brookville School System. Schools, Parks, Retail, Restaurants & Highways (I-70) All in Close Proximity. Don't Let This Well-Built, Well Located, Well Maintained & Well Managed Property Slip Out of Your Hands. Make Your Best Offer Today Before It's Snapped Up & GONE AWAY!! This property also includes Parcel ID C05-00105-0004.
Duplex with 2,317 sq. ft. *** Can be converted back to single family. *** Large covered front porch *** 1 bedroom up, 1 down *** New drywall, wiring, fresh paint, light fixtures, updated bath & more . Water bill is on 1 bill , Electric is separated , gas is downstairs only .
Brookville is located in Ohio. Brookville, Ohio has a population of 5,964. Brookville is more family-centric than the surrounding county with 35.46% of the households containing married families with children. The county average for households married with children is 26.32%.
The median household income in Brookville, Ohio is $48,829. The median household income for the surrounding county is $47,045 compared to the national median of $57,652. The median age of people living in Brookville is 43 years.
The average high temperature in July is 86.1 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 40.5 inches per year, with 14.5 inches of snow per year.