711-715 Main StWellsville, OH 43968

For Sale
$265,000

Seven-unit apartment building, great returns!

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a seven-unit apartment building located at 711-715 Main Street in Wellsville, Ohio, situated on a 0.1-acre lot. The property offers a mix of unit sizes to cater to a diverse tenant base. Three units boast two bedrooms and one bathroom each, while the remaining four units provide one bedroom and one bathroom. This configuration allows for flexibility in tenant selection and rental pricing strategies. The building features updated windows, enhancing energy efficiency and curb appeal. Adding to the property's value, two of the units include the convenience of single-car garages, a highly sought-after amenity. Currently, all but two units are occupied, generating immediate rental income. The property's operational efficiency is further enhanced by the inclusion of water, sewer, and trash removal in the owner's expenses. This hands-off approach to property management minimizes operational burdens and maximizes potential returns. The asking price for this well-maintained multi-family property is $265,000, presenting a compelling opportunity for investors seeking strong cash flow and long-term appreciation. The property's location in Wellsville, Ohio, offers convenient access to local amenities and transportation networks. This is an ideal opportunity for both seasoned investors and those seeking to enter the real estate market. The combination of occupied units, desirable features, and manageable expenses makes this a truly attractive investment.

Property Details for 711-715 Main St

Property type
Residential income properties, Multifamily properties
Year Built
1920
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Wellsville
County
Columbiana
State
Ohio
Latitude
40.60579
Longitude
-80.64595
711-715 Main St, Wellsville, Ohio

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711-715 Main St
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