Current Use by Public Records
- Commercial real estate
Property Details for 108-110 Main St
- Year built
- 1970
- Lot size
- 0.42 lot acres
- Property type
- Commercial real estate
Description
This exceptional multifamily investment property, located at 108-110 S Main St in Pleasantville, Ohio, presents a compelling opportunity for savvy investors. The property consists of two buildings encompassing a total of 5,954 square feet and nine individual rental units, currently boasting 100% occupancy. Built in 1970, this property sits on a 0.42-acre lot and is identified by APN 03-00233-600. The asking price is $325,000, translating to a price per square foot of $62.98. The property is all-electric, offering potential for energy efficiency upgrades. A significant advantage for investors is that water and trash services are covered by the landlord, minimizing operational expenses. This fully occupied property presents a strong immediate cash flow, while the value-add potential allows for further enhancement and increased profitability through future renovations or upgrades. The property's location in Pleasantville, Ohio, within Fairfield County, offers a stable rental market and convenient access to local amenities. This is a rare opportunity to acquire a well-performing multifamily property with significant upside potential. The property's strong occupancy rate and existing landlord-paid utilities make it an attractive investment with a clear path to positive returns.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pleasantville
- County
- Fairfield
- State
- Ohio
- Longitude
- -82.5227
- Latitude
- 39.8088
