545 E Mcconnel Avenue, McConnelsville OH 43756 (Off Market)

For Sale, USD 299,000


545 E Mcconnel Avenue, McConnelsville OH 43756,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 3,300 ft² / 307 m²

Land Size : N/A

Bedroom : 8

Bathroom : 4

Half Bathroom : 0

MLS#: N/A


Property 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.
More
545 E Mcconnel Avenue, McConnelsville OH 43756, United States,Ohio,Mcconnelsville is a 3,300ft² Mcconnelsville luxury Multi-Family Home listed for sale USD 299,000. This high end Mcconnelsville Multi-Family Home is comprised of 8 bedrooms and 4 baths. Find more luxury properties in Mcconnelsville or search for luxury properties for sale in Mcconnelsville.