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303 E Main St

5 Unit Apartment Building $849,900 ($169,980/Unit) Enon, OH 45323

Investment Highlights

  • Fully Occupied Residential Units
  • Low Maintenance-Main Road Property
  • Long-Term Business Tenant

Executive Summary

Rare investment opportunity in Enon! This fully occupied property offers five, three bedroom, one full bath apartments along with a salon as well! A total of six units with potential for an additional studio/one bedroom efficiency. One of the five units has been completely remodeled, all of which are still in good condition. The salon boasts a sizable working area with approximately 2,300 sqft. Both the salon and the one unit that is located on the first floor, offer central air and heat. The four units on the second floor consist of windows units and baseboard heating. Combined rent from all units equates to $5,300 monthly - $63,600 annually. Notable updates - water heater, windows, and siding. Located near Greenon schools, WPAFB, restaurants, and more! Don't miss out on this great investment opportunity, schedule a showing today!

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $849,900
Price Per Unit $169,980
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.38 AC
Building Size 11,736 SF
No. Stories 2
Year Built 1974
Parking Ratio 1.65/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 21-00600-03130-5001
  • 21-00600-03130-5002
Land Assessment
$14,190
Improvements Assessment
$91,030
Total Assessment
$105,220
  • Listing ID: 31482340

  • Date on Market: 4/11/2024

  • Last Updated:

  • Address: 303 E Main St, Enon, OH 45323

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