Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
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