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105 W Mulberry St
Lancaster, OH 43130
Not for SaleThis home is not currently listed for sale or rent on Zillow.
This home is not currently listed for sale or rent on Zillow.
Zestimate:$161,600 A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more
A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more
Rent Zestimate:$900/mo A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more
A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more
Est. Mortgage:
$581/mo
| Beds: | 5 |
|---|---|
| Baths: | 3 |
| Sqft: | 2,470 |
| Lot: | 7,405 sq ft / 0.17 acres |
| Type: | Multi Family |
| Year built: | 1889 |
| Parking: | -- |
| Cooling: | Central |
| Heating: | |
| Fireplace: | -- |
To see additional photos click here to visit property's official website NOW is a great time to purchase this investment property. Now would be an excellent time to purchase this property. The cottage has recently been completely redecorated. All three units are rented with a monthly income of $1675.00. The income from the rent will exceed your mortgage. Rates for a $189,500 loan / 5% down payment / 30 yr fixed-0 point in 43130Rate Search ResultsClick here for column definitionsLenderDateRateAPR*FeesPointsMonthly($)Stonegate Mortgage Corporation 01/15/115.0005.045$9190.000/0.000$966AimLoan.com 01/15/114.7504.847$1,9950.000/0.000$939 The property includes two residential structures. The main residence that faces Mulberry Street is a duplex unit, one down and one up. Each unit is supplied with separate utilities, electric, phone and cable. The downstairs is hardwood flooring with living room and dinning room carpet while the upstairs is fully carpeted. A small shed is located at the rear of the yard for lawn equipment storage.The cottage offering hardwood flooring and central air, is located at the rear of the lot with the front yard separated from the back yard of the main residence by a low brick wall. Vehicle access to the rear of the property is from a paved alley with a driveway that provides parking for three vehicles. Two larger out-buildings are provided for storage, both with electrical service.Since its construction in the late 19th century (1884 - 1889), this home has been in the same family for five generations. The cottage was built in the late 1940's. This remarkable property is currently configured as three residences.County: Fairfield Zoning: Commercial/Residential Parcel: 053-2025200 Lot Size: 41 x 182 Structures: Duplex and Cottage Taxes: $1,674 School District: LancasterMain Residence, First Floor...Living Room, 15'x16', carpet, mantel, floor-to-ceiling built-in book case, five-window bay Dining Room, 13'x14', carpet, built-in wall cupboard Kitchen, 7'X10', electric range, back door opens onto deck Pantry, 7'x7', refrigerator, floor-to-ceiling built-in cupboard Front Bedroom (south), 12'x15', mantel, second door to entrance Middle Bedroom (west), 12'x13' Bath, 7'x8', tub/showerWasher and dryer connectionsMain Residence, Second Floor...Living Room (south), 14'x14', carpet, mantel, antique gas heater Dining Room, 10'x15', carpet Bedroom (west), 14'x17', carpet, mantel Kitchen, 9'x13', electric range, refrigerator Bath, 8'x9', claw-foot tub w/hand-held shower, gas wall heater Bonus Room, 8'x9'Cottage...Living Room, 14'x15', hardwood floor, mantel, window seat w/storage Dining Room, 8'x11', hardwood floor Kitchen, 9'x11', gas range, refrigerator Bedroom, 10'x12', hardwood floor Bath, 6'x8', tub/shower Utility Room, 8'x10', washer and dryer connectionsElectrical upgraded Nov 2008New roof Nov 2008New furnace Nov 2008Possibilities...Three rental incomes ($1,675/mo with all 3 units rented) A residence and two rental incomes A residence, one rental income and parent's quarters Convert to one large residence with one rental income or parent's quartersAdditional property info: http://www.forsalebyowner.com/listing/ASTA5?provider_id=28079…More Less
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