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545 E Mcconnel Avenue, Mcconnelsville, OH 43756

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For Sale

$289,900

8 beds • 4 baths • 3,300 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $87.85
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 5123896

Courtesy Of Berkshire Hathaway HomeServices Professional Realty

(740) 573-3196

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dryer, Range, Refrigerator, Washer
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Lot Size
    0.28 Acres
  • Roof Type
    Metal
  • Rooms
    Laundry Room
  • View Type
    City

Map and Directions

Directions to 545 E Mcconnel Avenue, Mcconnelsville, OH 43756

Home seller CENTURY 21 Full Service Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Full Service Realty

(740) 374-8900
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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