711-715 Main St Wellsville, OH 43968

Property Details for 711-715 Main St

Year built

1920

Lot size

0.10 lot acres

Property type

Apartment buildings

Description

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.