Attention investors! Here is a 5 unit income property located on the corner of West Spring and Perry streets showing excellent return! Two of the units are commercial at street level, with one renting for $450/mo., and the other at $400/mo. Then there are 2 apartments on the second floor, a 2 bedroom and a 1 bedroom that both rent for $400/mo. A third apartment with 1 bedroom also rents for $400/mo. and is at street level. The landlord pays for the water and sewer fees for each unit and supplies the kitchen appliances to the apartments. The tenants pay for the gas, electric, and cable. Many improvements have been made to the interiors of the property, however the exterior is in need of some refurbishing for which the seller is willing to provide a $10,000 allowance or price reduction. See listing realtor for contractor price quotes. Note: Commercial units have A/C, the apartments do not, but tenants are allowed to use window units. There is street parking.
Off market
Zestimate®
$176,700
430 W Spring St, Saint Marys, OH 45885
4beds
1,610sqft
MultiFamily
Built in 1900
-- sqft lot
$176,700 Zestimate®
$110/sqft
$929 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Interior area
- Total interior livable area: 1,610 sqft
Property
Lot
- Size: 3,650 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1900
Utilities & green energy
- Utilities for property: Natural Gas, Sanitary Sewer, Supplied Water
Community & neighborhood
Location
- Region: Saint Marys
Other
Other facts
- Heating System: Forced Air Heat, Gas Heat
- Internet: All Internet
- Property Type: Multi-Family
- Utilities: Natural Gas, Sanitary Sewer, Supplied Water
- Foundation: Partial Basement, Crawl Space, Slab
- Land Information: Aerial
- Exterior: Wood
- Cooling: Oth Cooling (See Rmks)
- Level Style: 2 Story, 1 Story