352 Union StDelaware, OH 43015

For Sale
$250,000

Historic district, 2-unit complex, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
92
Exceptional investment opportunity in Delaware, Ohio's vibrant historic district. This multifamily property, encompassing three buildings at 346, 352, and 356 N Union Street, offers a compelling return. The complex comprises two two-unit townhomes, each featuring two bedrooms and 1.5 bathrooms, and one two-unit ranch-style building with two bedrooms and one bathroom, plus a full basement. All units are currently occupied at 100% occupancy, providing immediate cash flow. Built in 1973, the property sits on a sizable 6,969.6 square foot lot and is conveniently located within walking distance of downtown Delaware, Ohio Wesleyan University, parks, and highly-rated city schools. The property benefits from a shared driveway between 346 and 352 N Union Street, offering ample rear parking, supplemented by on-street parking for 356 N Union Street. Each unit includes washer/dryer hookups. While some cosmetic updates are recommended, the buildings are structurally sound and well-maintained. The asking price is $250,000, representing a price per square foot of $159.44. Curb offers only

Property Details for 352 Union St

Property type
Multifamily properties, Apartment buildings
Year Built
1973
Units
2

Location Insight

City
Delaware
County
Delaware
State
Ohio
Latitude
40.3090259
Longitude
-83.0648502
352 Union St, Delaware, Ohio

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352 Union St
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