3537 Liberty AveVermilion, OH 44089

This exceptional investment opportunity presents an 18-unit apartment building located at 3537 Liberty Ave, Vermilion, OH 44089. The property, built in 1950, sits on a 1.14-acre lot and boasts 7,963 square feet of space, spread across two stories. Currently zoned for commercial use, the building offers a strong net operating income (NOI) of $95,426, with an asking price of $1,200,000 ($150.70/sq ft and $66,667 per unit). The property includes a 1,200 sq ft pole barn, offering ample storage or potential for additional income streams. A large vacant lot (180 x 70 ft) at the rear of the property provides further expansion or development opportunities. The property's location near downtown Vermilion and Lake Erie offers significant appeal to tenants. This is a turnkey investment ideal for owner-users or investors seeking a strong return on investment in a desirable location. The property's APN is 0100003129001 : 0100003129002 : 0100003129003 :0100003129004 :0100003129005 :0100003129010 : 0100003129011 : 0100003129012 :0100003129013. This multifamily property presents a rare opportunity to acquire a well-situated, income-generating asset with significant upside potential.