Under contract
  • Price cut: $9.1K (7/14)
    $289,900

    545 E McConnel Ave, McConnelsville, OH 43756

    8beds
    3,300sqft
    : 
    Triplex, Multi Family
    Built in 1967
    -- sqft lot
    $-- Zestimate®
    $88/sqft
    $-- HOA

    What's special

    Upper-level balconyOutdoor porchesOn-site laundryGenerous storage
    Great Investment Opportunity! Fully Rented, Turnkey Brick Apartment Building – 7.66% % CAP Rate Don’t miss this rare chance to own a well-maintained, income-producing property in the heart of McConnelsville! This solid brick apartment building, located at 545 E. McConnell Ave., is in excellent condition and offers three spacious, fully rented units with a strong rental history and zero downtime during recent turnovers. **Property Features:** * **Unit 1:** 2 bed / 1 bath * **Unit 2:** 2 bed / 1 bath * **Unit 3:** 4 bed / 2 bath – *potential to convert into two separate units for increased income* * On-site laundry in every unit * Generous storage throughout * Outdoor porches and upper-level balcony for added charm and tenant appeal This property has been expertly maintained and boasts steady occupancy with high demand. With a 7.66% CAP rate, immediate cash flow, and future upside by converting Unit 3 into two apartments, this is an ideal addition to any investor’s portfolio. Schedule a showing today and seize this incredible opportunity! This is the kind of rental investors look for: clean numbers, reliable tenants, and a great area. Don’t miss out.
    83 days
    on Zillow
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    244
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