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906 W Lake Avenue, New Carlisle, OH 45344$310,000

Sq. Feet: 2,000 Subdivision: Carlisle Estates Days on Site: 4 MLS#: 1045050 View Map

Comments for 906 W Lake Avenue, New Carlisle, OH 45344

This occupied multi-family property is a fantastic addition to any investors portfolio, currently generating $3,035/month in rental income. All four units will be tenant-occupied, providing immediate cash flow from day one.The property features a desirable unit mix of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, appealing to a wide range of tenants. Each unit includes a range, refrigerator, and window A/C units, while tenants pay their own gas and electric, helping keep operating expenses low. Additional amenities include on-site laundry with a newer washer and dryer and dedicated tenant storage, adding convenience and value for residents. Recent updates include newer carpet in two units and refreshes in three of the four units, offering a nice blend of improvements with potential for further value-add. Ideally located in a prime New Carlisle location, the property is within walking distance to the local pool and just minutes from dining, shopping, and other everyday amenities--making it highly attractive to renters. Dont miss this solid, income-producing property with room to grow!

Property Type: Multi Unit - Multiple Lot Description: Residential Lot
Appliances: Range, Refrigerator Lot Size: 0.17 Acres
Basement: None Parcel ID: 0300500035302016
Cooling: Window Unit(s) Sewer: Public Sewer
Days on Site: 4 Stories: 2.0
Exterior: Aluminum Siding, Brick Taxes: $3,174
Foundation: Block Water: Supplied Water
Garage: No Garage Year Built: 1964
Heating: Natural Gas Zoning: Multiple
School District: Tecumseh

Listed By

Agency Name: Always Sunny Realty, LLC
Agency Phone: (937) 308-1122
Agent Name: Sunny R Dhingra

Shown By

Agent Name: Jon Glista
Agent Phone: (937) 620-8913
Agency Title: Irongate Inc., Realtors

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Clark County Demographic Information for 906 W Lake Avenue, New Carlisle, OH 45344

Fips
Fips Code39023
Population
2020 to 2025 Changedown 0.5%
2010 Count138,333
2020 Count136,001
2025 Estimate (V2025)135,340
2020 Estimate (V2025)135,971
Age Distribution (Years Old)
0 to 45.8%
5 to 1722.1%
18 to 6450.8%
65 and Older21.3%
Gender
Male49.1%
Female50.9%
Place of Birth
Foreign2.6%
US97.4%
Education
High School Graduate, Age 25+89.0%
Bachelor's Degree or Higher, Age 25+20.2%
Computer and Internet use
Households with a computer94.4%
Households with a broadband Internet subscription90.4%
Language
English is Second Language, Age 5+4.2%
English is First Language, Age 5+95.8%
Veterans
Veterans9,204
Income
Per Capita Income$33,791
Median Household Income$63,132
People in Poverty14.1%
Commute
Average Work Commute Time24 minutes
Housing
Total Housing Units61,154
Households55,975
Average Household Size2.37
Owner-Occupied69.4%
Multi-Family15.5%
Owner-Occupied Median Value$169,900
Median selected monthly owner costs -with a mortgage$1,262
Median selected monthly owner costs -without a mortgage$523
Median gross rent$872
Building Permits
New Private Housing Issued 2024232
Years at Residence
1 Year or More88.1%
Less Than 1 Year11.9%
Business and Employment
Private non-farm Establishments2,196
Private non-farm Employment42,831
Private non-farm Employment Growthdown 3.2%
Nonemployer Establishments7,662
Number of Firms1,640
Business Production
Value of Shipments$2,405,696,000
Wholesale Trade$1,808,100,000
Retail Trade$1,411,399,000
Retail Sales Per Capita$11,235
Accommodation and Food Services$207,893,000
Land
Land Area397.47 sq. miles
Population Per Square Mile348
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Jon Glista
Call: (937) 620-8913
Text: (937) 620-8913

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Mortgage Payment Calculation for 906 W Lake Avenue, New Carlisle, OH 45344

  • %
  • years/fixed
  • yearly
  • yearly (estimated)
  • Est. Payment: $2,265.04 / per month

(Payments are an estimate and may vary by lender)

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