96-102 Eaton StDelaware, OH 43015

For Sale
$495,000

Four-unit multifamily, high rental income.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional four-unit multifamily property, located at 96-102 Eaton Street in Delaware, Ohio, presents a compelling investment opportunity. Comprising two classic duplexes, this 1972-built property boasts a total of 7,840.8 square feet of land and offers four individual rental units, each currently generating $900.00 in monthly rent. The property's strategic location near Ohio Wesleyan University (OWU) and Downtown Delaware ensures high occupancy rates and strong rental demand. Recent updates enhance the property's value and appeal, including updated light fixtures, luxury vinyl plank (LVP) flooring, modern countertops and cabinets, new water heaters, and upgraded plumbing. The asking price is $495,000, translating to a price per square foot of $349.58. This property offers a blend of established rental income and the potential for further appreciation, making it an attractive addition to any investment portfolio. The property's strong rental history and recent renovations combine to create a low-maintenance, high-return investment opportunity in a desirable Ohio location. With its convenient location and updated features, this property is poised for continued success in the rental market. The zip code is 43015.

Property Details for 96-102 Eaton St

Property type
Multifamily properties, Apartment buildings
Year Built
1972
Units
4

Location Insight

City
Delaware
County
Delaware
State
Ohio
Latitude
40.2948669
Longitude
-83.077011
96-102 Eaton St, Delaware, Ohio

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96-102 Eaton St
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