Great investment opportunity with immediate positive cash flow. In addition to the 4 units listed is a small 1 bedroom apartment as well, so 5 units total. Upstairs is a large 3 bedroom unit with pictures shown in listing and the 1 bedroom apartment. The lower level includes three 2 bedroom units. 3 bedroom unit is vacant but will be advertising it for rent immediately. Parking is along the railroad tracks behind the building. Owner pays for water and sewer (approximately $150 per quarter), trash removal ($60 monthly), and the electric on the 1 bedroom apartment and hot water heater ($100 average per month). The hot water heater was just replaced ($2400). New electric service and new breaker panels into the building installed about 10 years ago and electric baseboard heat added at that time. Good rental occupancy history since owner purchased in 2006. Double pane windows throughout. Partial basement to store tools etc. Good cash flow property. Owner has become too busy to manage the property in addition to his other business. Great opportunity for immediate positive cash flow. Monthly rental income is $2085 per month with all units rented. AGENT OWNED.
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111 Market St is a 10 bedroom, 5 bathroom Multi-Family home for sale in Minerva, OH.
Currently listed for $84,900, this property features a 2,491 Sq. Ft. square foot lot and was built in 1900.
111 Market St has been on CENTURY 21 for 91 days. This listing is provided courtesy of RE/MAX CROSSROADS PROPERTIES.
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Salem, OH 44460
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