Rick Stallard
REALTOR®
MLS#5257654
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONLorenzo Tyler
SCHOOLAshtabula Area City
Property Description
Multi-property investment portfolio offered as a package deal in Ashtabula, OH. Sale to include 19 total rental units. The mix of properties is made up of one four-unit building, 1 duplex, and 13 single family homes. All are located within a close proximity to each other for easier management. Conservative Gross potential monthly rents of $16,125. Annual tax $12,170. Annual Insurance $5,800. Rent roll and improvements list available upon request. There have been substantial improvements made to these properties over the past 2 years & nearly all have been through the city inspection and occupancy certification process required for rentals in that timeframe. Currently, there are 4 intentional vacancies because each of those will also be listed individually. 3 out of 4 vacancies are rent-ready, so you have a chance to fill those immediately upon closing. The 4th needs some improvement before it can be rented. This portfolio can be split up if desired.
Property Features
Property Type: Commercial - Business
Basement: Yes
Basement: Unfinished
Heating: Forced Air, Gas
Lot Size: 1.62 Acres
Roof Type: Asphalt, Fiberglass
Taxes: $12,170 / year
Year Built: 1912
Feature Descriptions
Lot: Split Possible
Parcel#: 052050002800
Parking: Assigned, Direct Access, Driveway
Sewer: Public Sewer
Units: 19
Water: Public
Local Schools
School District: Ashtabula Area City
Listed By / Shown By
Listed By
Agency Name: Platinum Real Estate
Agency Contact: shawni@thenovellagroup.com, 440-812-9493
Shown By
Agent Name: Rick Stallard
Agent Phone: (330) 421-6600
Agency Title: M.C. Real Estate
Rick Stallard
Office: (330) 723-9911
Cell: (330) 421-6600
Fax: (330) 723-9912
Email: rick9666@aol.com
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5411 Main Avenue, Unit 1-19 | MLS# 5257654
This commercial property located at 5411 Main Avenue, Unit 1-19, Ashtabula, OH 44004 is currently listed for sale with an asking price of $1,250,000. Main Avenue, Unit 1-19 is located within the Ashtabula Area City school district. Search Ashtabula real estate on rstallard.mcrealestateohio.com today.