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802 S Main St
Franklin, OH 45005
Multifamily Property For Sale
·
10 Units
PROPERTY FACTS
| No. Units | 10 | Building Size | 7,417 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1985 |
| Lot Size | 1.12 AC | Parking Ratio | 3.24/1,000 SF |
| Zoning | APTS 4-19 units | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 1.12 AC |
| Building Size | 7,417 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 3.24/1,000 SF |
| Zoning | APTS 4-19 units |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Washer/Dryer
- Heating
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Tub/Shower
- Double Pane Windows
- Freezer
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Smoke Free
ABOUT 802 S MAIN ST , FRANKLIN, OH 45005
This offering is comprised of four buildings built in 1980: Six-2 bedroom/1 bath flats and four 2 bedroom/1.5 bath town homes. The units are generously sized, with electric baseboard heat/kitchens, wall a/c units and landlord paid utilities including heat/water. The current occupancy is 100% and has a waiting list with a mostly senior tenant base. This offering will give a new investor a low management/low maintenance investment with a very strong return leveraging today’s still historically low interest rates.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | $700.00 | 693 - 723 |
| 2+2 | 4 | $762.50 | 800 |
PROPERTY TAXES
| Parcel Number | 04-31-156-033 | Improvements Assessment | $220,700 |
| Land Assessment | $21,000 | Total Assessment | $241,700 |
PROPERTY TAXES
