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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.
    74 days
    on Zillow
    |
    388
    |
    32
    |

    Zillow last checked: 7 hours ago

    Listing updated: 21 hours ago

    Listing Provided by:

    Cinda Erickson 740-336-8453 CindaSellsOhio@gmail.com,

    Berkshire Hathaway HomeServices Professional Realty

    Source: MLS Now,MLS#: 5123896MLS LogoOriginating MLS: Guernsey-Muskingum Valley Association of REALTORS
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Range, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Windows: Double Pane Windows, Insulated Windows
    • Basement: Crawl Space,None
    Interior area
    • Total structure area: 3,300
    • Total interior livable area: 3,300 sqft
    • Finished area above ground: 3,300
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Parking
    • Parking features: Gravel, Off Street, On Street, Unpaved
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony
    • Exterior features: Balcony
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.28 Acres
    • Features: City Lot, Flat, Level
    Details
    • Additional parcels included: 1400077400
    • Parcel number: 1400077500

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Brick
    • Roof: Metal
    Condition
    • Year built: 1967

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Goddards Add
    Location
    • Region: Mcconnelsville

    Financial & listing details

    • Price per square foot: $88/sqft
    • Annual tax amount: $3,205
    • Date on market: 5/30/2025
    • Listing terms: Cash,Conventional
    • Tenant pays: Electricity
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