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Property profile & analytics
OFF-MARKET
Apartment buildings

775 Bennett St Marion, OH 43302

Built 1910
Property ID
US66-3119019
Property summary
AI-generated overview

This exceptional three-unit apartment building, located at 775 Bennett Street in Marion, Ohio, presents a compelling investment opportunity. Built in 1910 and extensively renovated in 2021, this property sits on a 4,791.6 square foot lot and offers a mix of spacious living spaces. The building comprises one three-bedroom unit and two two-bedroom units, all currently occupied and generating a combined monthly income of approximately $2,300. The asking price is $199,900, translating to a price per square foot of $67.90. This translates to a strong return on investment, given the relatively low operating expenses. The property's location in Marion, Ohio, within the 43302 zip code, offers convenient access to local amenities and services. The 2021 renovation ensures the units are in excellent condition, minimizing the need for immediate capital expenditures. This turnkey investment is ideal for both seasoned and aspiring real estate investors seeking a stable and profitable addition to their portfolio. The property's strong rental history and current occupancy rates further enhance its appeal. This triplex represents a rare opportunity to acquire a well-maintained, income-generating property in a desirable location.

Property profile
Verified
Property type Apartment buildings
Year built 1910
UPID US66-3119019
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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