$419,900

5990 Contreras Rd

Oxford OH, 45056

Description

Dont miss this amazing opportunity! Short-term rental/Investment/business opportunity with excellent rental history that has increased each year. This high-demand, historic home is the perfect setting for short term visitors w its great location to Miami U, restaurants, & uptown district. Currently, there are 3 STR units (a one-bedroom suite, a two-bedroom suite, and an efficiency apartment) but there is potential to convert the main floor to add 2 additional units for a total of 5 units. Current gross income is approximately $50K. A conservative estimated gross income with the additional units is $80-90K! Owner will share all the necessary tips and tricks to running a successful short-term rental business to help new owner continue to grow this amazing business opportunity. Call today for more information. Subject to lot split.

Details

MLS#799172
Listing TypeFor Sale
Sub-TypeResale
StatusPending - Show
Year1896
Days On Site189

Features

SQ Feet5,061
Building(s)1

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Area Information

StateOH
CountyButler
CityOxford
Zip Code45056
AreaButler
Listing VS Median (in 45056)
Price:
$419,900
low | high
Med:
$294,950
79.757085020243% of Average
SqFt:
5,061
low | high
Med:
3,249
85.81308041889% of Average
$ / SqFt:
$83
low | high
Med:
$101
28.656411760062% of Average
On Site:
189
low | high
Med:
95
100% of Average
Listing Updated: 02/27/2020
MLS Number: 799172
Listing Provided By:
Kelly Umbstead  of  Coldwell Banker College Real E