111 Market St,  Minerva OH, 44657

(Active)
$84,900
|
10 beds, 5 Full baths
|
MLS# 3925167
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Description for 111 Market St Minerva, OH 44657 - $84,900
Great investment opportunity with immediate positive cash flow. In addition to the 4 units listed is a small 1 bedroom apartment as well, so 5 units total. Upstairs is a large 3 bedroom unit with pictures shown in listing and the 1 bedroom apartment. The lower level includes three 2 bedroom units. 3 bedroom unit is vacant but will be advertising it for rent immediately. Parking is along the railroad tracks behind the building. Owner pays for water and sewer (approximately $150 per quarter), trash removal ($60 monthly), and the electric on the 1 bedroom apartment and hot water heater ($100 average per month). The hot water heater was just replaced ($2400). New electric service and new breaker panels into the building installed about 10 years ago and electric baseboard heat added at that time. Good rental occupancy history since owner purchased in 2006. Double pane windows throughout. Partial basement to store tools etc. Good cash flow property. Owner has become too busy to manage the property in addition to his other business. Great opportunity for immediate positive cash flow. Monthly rental income is $2085 per month with all units rented. AGENT OWNED.
Price
$84,900
Taylor
Carroll
10
5 Full
3925167
Active
Description
Great investment opportunity with immediate positive cash flow. In addition to the 4 units listed is a small 1 bedroom apartment as well, so 5 units total. Upstairs is a large 3 bedroom unit with pictures shown in listing and the 1 bedroom apartment. The lower level includes three 2 bedroom units. 3 bedroom unit is vacant but will be advertising it for rent immediately. Parking is along the railroad tracks behind the building. Owner pays for water and sewer (approximately $150 per quarter), trash removal ($60 monthly), and the electric on the 1 bedroom apartment and hot water heater ($100 average per month). The hot water heater was just replaced ($2400). New electric service and new breaker panels into the building installed about 10 years ago and electric baseboard heat added at that time. Good rental occupancy history since owner purchased in 2006. Double pane windows throughout. Partial basement to store tools etc. Good cash flow property. Owner has become too busy to manage the property in addition to his other business. Great opportunity for immediate positive cash flow. Monthly rental income is $2085 per month with all units rented. AGENT OWNED.
Listing Information
Property Type: Fourplex, Other
10 5 Full
0.06 Acres $0 1900
Minerva Vl//
Taylor
Public Water Service
Public Sewer
5 Total
Neighborhood
School Information
District: Minerva Lsd
Room Information
Bathrooms
5
Interior Features
Convection Oven, Range, Refrigerator
None
Electric Heating, Baseboard
Partial, Unfinished Basement
3
Driving Directions
Located right on Main Street in Minerva.
Financial Considerations
08-0000786.000
$1,136
Listing Price History

Minerva Real Estate

Minerva is located in Ohio. Minerva, Ohio 44657 has a population of 3,678.

The median household income in Minerva, Ohio 44657 is $41,964. The median household income for the surrounding county is $46,290 compared to the national median of $53,482. The median age of people living in Minerva 44657 is 38.8 years.

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Courtesy: RE/MAX Crossroads Properties
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Information is deemed reliable but is not guaranteed.

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