13% net ROI and Cash flow statement available upon request. This duplex offers approximately 2,496 square feet and features two spacious units with separate utilities. Unit #1 is a 3-bedroom, 2-bath unit currently leased for $1,400 per month, while Unit #2 is a 3-bedroom, 1-bath unit generating $1,283 per month. Major capital improvements include a roof approximately 4 years old and water heaters that are less than 2 years old; Furnaces are also less than 12 months old. The property also offers four off-street parking spaces located at the rear, providing added convenience for tenants. An excellent opportunity for investors seeking a strong income-producing property. Cash or Hard Money preferred, but open to DSCR or Conventional. As-Is sale, with inspections allowed. Showing times are limited - See broker notes.
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Lockland is located in Ohio. Lockland, Ohio has a population of 3,495. Lockland is less family-centric than the surrounding county with 4.97% of the households containing married families with children. The county average for households married with children is 27.88%.
The median household income in Lockland, Ohio is $37,717. The median household income for the surrounding county is $63,080 compared to the national median of $69,021. The median age of people living in Lockland is 37.2 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 21 degrees. The average rainfall is approximately 43.8 inches per year, with 13.3 inches of snow per year.