One of the most unique multi-family properties in New Carlisle, what used to be a local hotel years and years ago has been converted into a 5 family , Three 1 bedroom 1 bath units, two 2-bedroom 1 bath units. Gross rents are currently $3195/month not counting the rents for the garages (2 car garage and 1 car garage) and with upside rents property should cash flow day 1! Rents and current lease exp as follows: Unit1-$750 (6/25), 2- $500 (M/M), 3-$570 M/M and 4-$590 (12/2024) Unit 5-$785 (7/2025) Don't wait to own this, Beauty!
Seller also owns 910 W Lake and prefers to sell these two 4 family buildings together. Hard to find 4 family , Three 2 bedroom 1 bath units and 1 bedroom 1 bath unit. Gross rents are currently $2650/month with plenty of upside Rents and current lease exp as follows: Unit1-$825 (4/25), 2- $675 (3-25), 3-$500 M/M and 4-$650 (10-25)) Add these buildings to your portfolio, the rents here are well below mar market and the potential here is great!
The median home value in New Carlisle, OH is $200,000. This is higher than the county median home value of $160,600. The national median home value is $338,100. The average price of homes sold in New Carlisle, OH is $200,000. Approximately 58.88% of New Carlisle homes are owned, compared to 37.76% rented, while 3.37% are vacant. New Carlisle real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Carlisle real estate agent to arrange a tour today!
New Carlisle, Ohio has a population of 5,561. New Carlisle is more family-centric than the surrounding county with 34.6% of the households containing married families with children. The county average for households married with children is 25.37%.
The median household income in New Carlisle, Ohio is $52,838. The median household income for the surrounding county is $54,869 compared to the national median of $69,021. The median age of people living in New Carlisle is 32.3 years.
The average high temperature in July is 84.9 degrees, with an average low temperature in January of 20.1 degrees. The average rainfall is approximately 39.9 inches per year, with 19.5 inches of snow per year.