2011 Clark Ave Wellsville, OH 43968
This 1,656 square foot, two-story single-family home located at 2011 Clark Ave, Wellsville, OH 43968, presents a compelling investment opportunity. Built in 1930, this property sits on a 0.09-acre lot and boasts a 100% occupancy rate, generating a net operating income (NOI) of $12,000 annually, resulting in a 12.63% capitalization rate. The asking price is $95,000, translating to $57.37 per square foot. Features include a first-floor laundry, two covered porches, a decorative fireplace, and off-street parking. Previously configured as a duplex, the property is currently used as a single-family residence. This property is available for individual purchase or as part of a three-property package, offering a 10% discount on the purchase price if all three properties are acquired. All tenants in this property and the other properties in the package wish to remain after the sale. The property is located in Columbiana County, Ohio.
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.