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USAOHMcconnelsvilleGoddards Add545 E Mcconnel Ave
545 E. McConnel Ave | Image 1
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$299,000

545 E Mcconnel Ave, Mcconnelsville, OH

Real Estate

For Sale

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840
  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 3300 sqft
Garage No
Taxes $3,205
Days Active 31
Lot Size 
Approx. Age 1967
Avg. Price Per Sqft $90
MLS® Number 5123896

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Great Investment Opportunity! Fully Rented, Turnkey Brick Apartment Building – 7.66% % CAP Rate Don’t miss this rare chance to own a well-maintained, income-producing property in the heart of McConnelsville! This solid brick apartment building, located at 545 E. McConnell Ave., is in excellent condition and offers three spacious, fully rented units with a strong rental history and zero downtime during recent turnovers. **Property Features:** * **Unit 1:** 2 bed / 1 bath * **Unit 2:** 2 bed / 1 bath * **Unit 3:** 4 bed / 2 bath – *potential to convert into two separate units for increased income* * On-site laundry in every unit * Generous storage throughout * Outdoor porches and upper-level balcony for added charm and tenant appeal This property has been expertly maintained and boasts steady occupancy with high demand. With a 7.66% CAP rate, immediate cash flow, and future upside by converting Unit 3 into two apartments, this is an ideal addition to any investor’s portfolio. Schedule a showing today and seize this incredible opportunity! This is the kind of rental investors look for: clean numbers, reliable tenants, and a great area. Don’t miss out.Show Description
MLS® Number5123896
Laundry LevelIn Unit
Central VacNo
FireplaceNo
Acreage0.28
ExteriorBalcony
GarageNo
Approx. Age1967
BasementCrawl Space, None
DrivewayGravel, Off Street, On Street, Unpaved
Garage Spaces
HeatForced Air, Gas
A/CCentral Air
Heating Fuel

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