This 8-unit apartment complex presents a solid value-add investment opportunity. The property includes a mix of occupied, rent-ready, and renovation-needed units, giving investors multiple paths to increase value and cash flow. Currently, 3 units are rented and generating income. Two additional units are vacant but in good condition and could be rented quickly with minimal effort. The remaining 3 units require renovation, offering potential for increased rental income and long-term equity growth. One of the buildings received a new roof in 2021, reducing future capital expenses. With the right improvements, this property has strong potential to become a consistent income-producing asset in a desirable rental market. Contact me today for your private showing.
MLS# | 5117117 |
---|---|
Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1909 |
Days On Site | 24 |
Listing Provided By | Keller Williams Legacy Group Realty | Megan Eckstein |
SQ Feet | 6,480 |
---|---|
Basement | Y |
Units | 8 |
Zoning | Commercial |
Acreage | 0.15 |
State | OH |
---|---|
County | Harrison |
City | Jewett |
Zip Code | 43986 |
School District | Harrison Hills CSD - 3402 |
Elementary School | Harrison Hills CSD - 3402 |
Middle School | Harrison Hills CSD - 3402 |
High School | Harrison Hills CSD - 3402 |
Listing VS Median (in 43986) | |
Price: $155,000 low | high Med: $155,000 SqFt: 6,480 low | high Med: 6,480 $ / SqFt: $24 low | high Med: $24 On site: 24 low | high Med: 24.000000 |