Subject-To
Sub-To Deal · Single Family, New Philadelphia, OH · Motivated Seller
1260 Monroe Ave Nw, New Philadelphia, OH · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units2
Beds / baths8 / 3
Living area2,334 sqft
Lot0.24 acres
Year built1997
About this deal
Subject-to existing financing on a 3-bed, 2.0-bath single-family home in New Philadelphia, OH. Take over the existing mortgage payments and acquire the deed for $55,000. Seller is motivated; equity in the property from day one. Sub-to due diligence package available on request.
The numbers
- Cap rate
- 5.2%
- Net operating income
- $20,784/yr
- Cash flow
- +$1,732/mo
- Occupancy
- 1 of 2 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.