7624 Rosewood Drive
Blanchester, OH 45107
- 5 beds
- 5 baths
- 4,108 sqft
- ~1/2 acre lot
- $99 per sqft
- 1971 build
- – on site
This is a rare find - a stabilized asset with meat on the bones for value-add investors. Whether you're a seasoned investor looking for consistent income or a first-time commercial buyer seeking a manageable opportunity with room to grow, these townhomes are a must-see.Both buildings are in great condition with updates made over the years, ensuring lower maintenance costs and tenant satisfaction. While occupancy is strong, there's still room to increase revenue through targeted rent adjustments and additional fees (e.g., pet fees, parking, utilities). The property offers investors a rare blend of stability and upside, making it an attractive addition to any portfolio.Opportunities like this don't last long in the Blanchester market. Contact us today to request the full financial package, schedule a tour, and secure your foothold in this lucrative investment!Financials based on pro-forma, not actual.Property is being sold with 7630 Rosewood Dr, MLS#924126
Last checked:
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Last updated Feb 13, 2025
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MLS# 924123 —
The Building
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Year Built:1971
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Construction Materials:AluminumSiding,WoodSiding
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Building Area Total:4108.0
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Foundation Details:Slab
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Window Features:AluminumFrames
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Stories Total:2
Room Dimensions
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Living Area:4108.0
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Living Area Source:Assessor
Financial & Terms
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Availability Date:2024-11-19
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Tenant Pays:Electricity,Gas,Heat,Sewer,Water
Location
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Directions:SR-123, right onto Rosewood, property on the right
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Longitude:-83.978145
The Property
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Property Type:ResidentialIncome
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Property Sub Type:MultiFamily
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Property Sub Type Additional:MultiFamily
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Lot Size Acres:0.404
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Lot Size Area:17598.0
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Lot Size Dimensions:79x26
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Lot Size Square Feet:17598.0
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Lot Size Source:Assessor
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Parcel Number:220091201006400
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Zoning:Commercial
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Zoning Description:Commercial
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Latitude:39.279276
Listing Agent
- Contact info:
- Agent phone:
- (937) 520-9200
- Office phone:
- (937) 520-9200
Taxes
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Tax Legal Description:NELSON & MINTA LOVINS BLK B - LOT 64
Beds
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Bedrooms Total:5
Baths
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Bathrooms Total:5
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Bathrooms Full:5
Heating & Cooling
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Heating:ForcedAir,NaturalGas
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Heating:true
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Cooling:true
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Cooling:CentralAir
Appliances
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Appliances:Range,Refrigerator
Schools
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High School District:Blanchester
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Elementary School District:Blanchester
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Middle Or Junior School District:Blanchester
The Community
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Subdivision Name:Marion
Parking
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Garage:false
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Parking Features:NoGarage,ParkingLot
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/5/25
Feb 5, 2025
|
Price Changed | DABR | $410,000 | -3.5% |
1/27/25
Jan 27, 2025
|
Listed / Active | DABR | $425,000 |