906 W Lake Avenue, New Carlisle, OH 45344 (MLS # 1045050)
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This occupied multi-family property is a fantastic addition to any investor's 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. Don't miss this solid, income-producing property with room to grow!
| DAYS ON MARKET | 3 | LAST UPDATED | 4/17/2026 |
|---|---|---|---|
| TRACT | Carlisle Estates | YEAR BUILT | 1964 |
| COMMUNITY | 195 New Carlisle | COUNTY | Clark |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Range, Refrigerator |
| AREA | 195 New Carlisle |
| BASEMENT | None |
| CONSTRUCTION | Aluminum Siding, Brick |
| HEAT | Natural Gas |
| LOT | 7405 sq ft |
| LOT DIMENSIONS | 0 |
| PARKING | No Garage |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Carlisle Estates |
| ZONING | Multiple |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Sunny R Dhingra | 937-308-1122, Always Sunny Realty, LLC
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