Property profile

278 High St Roseville, OH 43777

OFF-MARKET
Apartment buildings
Property ID
US66-5038346
Built 1973
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Property summary

AI-generated overview

This exceptional three-unit apartment building at 278 High Street, Roseville, Ohio, presents a compelling investment opportunity. Built in 1973 and situated on a substantial 18,730.8 square foot lot, this property boasts recently completed renovations. All three units underwent a full remodel in February 2024, featuring two bedrooms and one bathroom each. Modern upgrades include brand-new stainless steel appliances, a new gas furnace, fresh hot water tanks, and new PEX plumbing. Exterior improvements are equally impressive, with a brand-new roof, soffit, gutters, and downspouts. The property also benefits from central air conditioning coils already installed, simplifying the addition of central air. A large, unfinished basement offers significant potential for the development of a fourth unit, providing additional rental income and ample storage space. Current tenants are long-term and responsible for all utilities. Plumbing and utilities are already prepared for the potential fourth unit. The expansive lot provides further expansion possibilities, allowing for future unit additions to enhance investment returns. The asking price is $349,000, with a price per square foot of $188.85. This property offers a turnkey investment with immediate cash flow and significant upside potential. Located in Perry County, Ohio, with the zip code 43777, this property is conveniently situated in Roseville.

Property profile

Verified
Property type Apartment buildings
Year built 1973
UPID US66-5038346

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

278 High St Roseville, OH 43777
Roseville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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