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540 Lila Avenue, Milford, OH 45150
$230,000
540 Lila Avenue, Milford, OH 45150View this property at 540 Lila Avenue, Milford, OH 45150
540 Lila AvenueMilfordOH45150
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Property Description
Incredible Investment Opportunity In Highly Desired Milford! 3-Story Cash-Cow with 9 units! 1st Floor 1 Bedroom Apt. 2nd and 3rd Floors Individual Rooms for Rent with Shared Bathrooms. Tons of Potential for Value-Add as Well as Rent Increase. Huge Lot w Detached Garage. Convert to Short Term Rental, or Keep Current Setup & Collect Easy Cash Flow. So Many Possibilities w/ This Unique Income-Producing Property. Grandfathered in as a Rooming House so you wont find another like it! Agent part-owner.
Full Property Details
Full Property Details for 540 Lila Ave
General
- Price: $230,000
- Status: Active
- Type: Apartment
- MLS ID: 1735516
- Updated: 6/21/2022
- Added: 75 day(s) ago
Parking
- Garage: Yes
- Parking: On-Street Parking
- Garage Description: Detached, Rear
Location
- Area: Milford
- County: Clermont
- Driving Directions: St Rt 28 to R on Lila Ave
School Information
- School District: Milford Ex Vill SD
Heating & Cooling
- Cooling Type: Window Air Conditioning
- Heating Type: Gas, Forced Air
- Heating Fuel: Natural
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Three or More Story
- Construction Status: Existing Structure
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Partial
- Foundation: Stone
- Roof: Shingle
- Windows: Double-Hung, Vinyl
- Stories/Levels: Three Or More
- Square Feet: 1,972
- Year Built: 1900
Unit Information
- Studio/Effic Units: 8
- 1 Bedroom Units: 1
Lot Features
- Lot Size (Acres): 0.208
- Lot Size (Sq. Ft.): 9,060
- Lot Dimensions: 48 x 189
Financial Considerations
- Semi-Annual Taxes: $1,348.8
- Pays Heat: Owner
- Pays Water: Owner
Disclosures and Reports
- APN: 21-07-14B-011
Listed by HHG Realty Services, LLC (859) 444-0180, Erin Claxton
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Schools
Schools serving 540 Lila Ave
School District:Milford Exempted Village Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1 Eagles Way, Milford, OH 45150 | 7-12 | 2.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 540 Lila Ave
Date
Details
Price
Change
Source
6/21/2022
Price Reduced
$230,000
-8%
MLS
5/18/2022
Price Reduced
$250,000
-7.41%
MLS
4/20/2022
Listed
$270,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 540 Lila Ave
Year
Property Taxes
Change
Tax Assessment
Change
2021
$2,698
4%
$42,420
—
2020
$2,589
7%
$42,420
5%
2019
$2,426
—
$40,290
—
2018
$2,426
—
$40,290
—
2017
$2,428
-7%
$40,290
4%
2016
$2,601
3%
$38,750
—
2015
$2,534
—
$38,750
—
2014
$2,522
-22%
$38,750
-22%
2013
$3,232
—
$49,810
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 540 Lila Ave
540 Lila Avenue, Milford, OH 45150 (MLS# 1735516) is a Apartment property with 0 bedrooms and 0 full bathrooms. 540 Lila Avenue is currently listed for $230,000 and was received on April 20, 2022. Want to learn more about 540 Lila Avenue? Do you have questions about finding other Apartment real estate for sale in Milford? You can browse all Milford real estate or contact a Coldwell Banker agent to request more information.