618 W 57th St
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618 W 57th St
13 Unit Apartment Building $875,000 ($67,308/Unit) Ashtabula, OH 44004
Executive Summary
Thirteen Income Producing Properties For Sale! All single family homes in close proximity. All properties are occupied with good rental income. Tenants pay all utilities including water, sewer and trash. Tenants also pay for landscaping and snow removal, and the tenants supply kitchen appliances as well as the washer and dryer. Many of the properties have passed recent city inspections, and others are waiting to be inspected. Roofer has verified all roofs and gutters are in good condition. Properties currently bring in $11,275 per month with room to improve. Taxes and insurance total $1220 per month. Tenants pay by direct deposit. Security deposits on all tenants. Some tenants have paid the last month of their lease upfront as well. Financials to be provided with proof of funds. This property is available to be viewed. The other 12 properties to be viewed after accepted offer. Seller may consider a Lease Purchase Option with a sizeable down payment. Fantastic investment!
Property Facts Under Contract
Price | $875,000 | Apartment Style | Single Family Home |
Price Per Unit | $67,308 | Building Class | C |
Sale Type | Investment | Lot Size | 0.10 AC |
No. Units | 13 | Building Size | 1,088 SF |
Property Type | Multifamily | No. Stories | 2 |
Property Subtype | Apartment | Year Built | 1920 |
Price | $875,000 |
Price Per Unit | $67,308 |
Sale Type | Investment |
No. Units | 13 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Single Family Home |
Building Class | C |
Lot Size | 0.10 AC |
Building Size | 1,088 SF |
No. Stories | 2 |
Year Built | 1920 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
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618 W 57th St
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