625 Main St Franklin, OH 45005

This turnkey, three-unit apartment building in Franklin, Ohio, presents a compelling investment opportunity. Located at 625 S Main St, this property boasts a total of 2,952 square feet on a 13,226 square foot lot. The building, which underwent a complete renovation in 2024, features a two-bedroom, one-bath unit and a three-bedroom, one-bath unit on the front, both freshly remodeled. The rear unit, a one-bedroom, one-bath apartment, is currently rented month-to-month for $600, while market rents are estimated at $1200, $1200, and $700 respectively. Additional features include a large backyard, a shed, a private drive, and guest parking. The property's convenient location offers easy access to downtown Franklin and is minutes from Springboro. This two-story building represents a strong value at $275,000, with a price per unit of $91,667 and a price per square foot of $93.16. The property is ready for immediate rental income generation. Don't miss this chance to add a profitable asset to your portfolio.