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708 W Chestnut 708 W Chestnut St

2 Unit Apartment Building $140,000 ($70,000/Unit) Mount Vernon, OH 43050

Apartment Buildings Ohio Mount Vernon 708 W Chestnut St, Mount Vernon, OH 43050

Executive Summary

Embark on an investment journey with this exceptional opportunity. This well-maintained duplex presents a lucrative income stream, comprising a one-bedroom, one-bath unit renting for $650 a month and two-bedroom, one-bath unit commanding $800 a month. The two-bedroom unit received a kitchen and bathroom renovation in 2020, enhancing both aesthetic appeal and tenant satisfaction. Don't miss out on this turnkey investment opportunity in Mount Vernon's thriving real estate market. 1 of 8 rental property portfolio. Will owner finance 10% of the full price sale. 20 year term at 5% interest with a 4 year balloon.

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Property Facts

Price $140,000 Building Class C
Price Per Unit $70,000 Lot Size 0.15 AC
Sale Type Investment Building Size 1,558 SF
No. Units 2 No. Stories 2
Property Type Multifamily Year Built 1900
Property Subtype Apartment Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style Low Rise
Price $140,000
Price Per Unit $70,000
Sale Type Investment
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.15 AC
Building Size 1,558 SF
No. Stories 2
Year Built 1900
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
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(614) 206-3881

Contacts

  • Listing ID: 30808740

  • Date on Market: 1/29/2024

  • Last Updated:

  • Address: 708 W Chestnut St, Mount Vernon, OH 43050

The Multifamily Property at 708 W Chestnut St, Mount Vernon, OH 43050 is currently available for sale. Contact SVN | Wilson Commercial Group, LLC for more information.

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708 W Chestnut | 708 W Chestnut St
(614) 206-3881 x

708 W Chestnut | 708 W Chestnut St

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Doug Wilson

(614) 206-3881

(614) 206-3881

Joseph Curry

(614) 944-5140

(614) 944-5140

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