711-715 Main St, Wellsville, OH 43968
This exceptional investment opportunity presents a seven-unit apartment building located at 711-715 Main Street in Wellsville, Ohio, situated on a 0.1-acre lot. The property offers a mix of unit sizes to cater to a diverse tenant base. Three units boast two bedrooms and one bathroom each, while the remaining four units provide one bedroom and one bathroom. This configuration allows for flexibility in tenant selection and rental pricing strategies. The building features updated windows, enhancing energy efficiency and curb appeal. Adding to the property's value, two of the units include the convenience of single-car garages, a highly sought-after amenity. Currently, all but two units are occupied, generating immediate rental income. The property's operational efficiency is further enhanced by the inclusion of water, sewer, and trash removal in the owner's expenses. This hands-off approach to property management minimizes operational burdens and maximizes potential returns. The asking price for this well-maintained multi-family property is $265,000, presenting a compelling opportunity for investors seeking strong cash flow and long-term appreciation. The property's location in Wellsville, Ohio, offers convenient access to local amenities and transportation networks. This is an ideal opportunity for both seasoned investors and those seeking to enter the real estate market. The combination of occupied units, desirable features, and manageable expenses makes this a truly attractive investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.