Listed By
Agency Name: Generations Realty
Agent Name: Blair Rowland
Agency Phone: 740-389-5500
Shown By
Agent Name: Rhesa Toth
Agent Phone: (330) 323-2432
Agency Title: Cutler Real Estate
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Property Description
Excellent investment opportunity featuring six apartment units across two buildings. The main building offers four 2-bedroom units, while the separate building includes two 1-bedroom units, providing a desirable unit mix for a variety of tenants.The property has seen numerous updates in recent years, including a new roof and renovations throughout the majority of the units. Currently, 4 of the 6 units are occupied, providing immediate rental income, while 2 vacant units offer convenient access for showings and the opportunity for a new owner to lease at current market rates. One vacant unit is move-in ready, while the other presents a value-add opportunity with cosmetic improvements.Whether you're looking to expand your portfolio or purchase your first multifamily investment, this property offers an excellent combination of current cash flow, recent improvements, and upside potential. Schedule your showing today and explore the possibilities this versatile income-producing property has to offer.
Property Features
Property Type: Multi Unit - Multiple
Days on Market: 1
Lot Size: 0.16 Acres
Taxes: $2,872
Year Built: 1900
Feature Descriptions
Parcel #: 12-4020002.900
Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
Local Schools
School District: MARION CITY
Estimate Your Payment
Estimated Payment
$ 2,409.74 per month $2,053.77 Principal & Interest $239.33 Property Tax $116.64 Homeowner's InsuranceChange Payment Information
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255 S State Street | MLS# 226026615
This multi-family property located at 255 S State Street, Marion, OH 43302 is currently listed for sale with an asking price of $399,900. S State Street is located within the MARION CITY school district. Search Marion real estate on rtoth.cutlerhomes.com today.