$649,900

115 Sycamore Street, Brookville, OH 45309

  • 19 beds |
  • 13 baths |
  • 11,834 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.49acre lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $55/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

13-Unit Multifamily Property in Brookville, OH – 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 **13% cap rate** and a **29.2% 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, electric water heaters, 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. Don’t miss your chance to own this high-performing asset!

Listing Status:
Pending
Date Added:
April 21, 2025 at 05:00AM
Listing Office:
Howard Hanna Real Estate Serv : (937) 435-1177
Listing Agent:
Jonathan H Murray : (937) 654-7355
MLS ID:
932355

This listing courtesy of Jonathan H Murray, Howard Hanna Real Estate Serv

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Brookville Elementary School

3 Blue Pride Dr, Brookville, OH, 45309

Grades PK-3

0.66 miles away

B

Brookville Intermediate School

2 Blue Pride Dr, Brookville, OH, 45309

Grades 4-8

0.76 miles away

B

Brookville High School

1 Blue Pride Dr, Brookville, OH, 45309

Grades 9-12

0.79 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.