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370 S State Street , 1-4

Marion, OH 43302
  • $239,000
  • STATUS: Active
  • ON SITE: 160 days
  • MLS #: 221000461
UPDATED: 5 min ago
$239,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,840
    SQFT
  • $84
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Ratings & Info

School District:

Description

Cash/curb offers only 4-plex cash cow opportunity / FULLY RENOVATED. Cash flow on this is $700 x 4=$2800 + laundry income + storage income; monthly. Property has been owned since Mid-September of 2020. Recently renovated (65k) all 4 units and they look virtually alike. All units rented on a 1 yr lease at $700 monthly each. Current tenants have been vetted for employment records proven. Each unit is 600 sq ft and has its own bedroom, bathroom, kitchen, ovens and refrigerators etc. Central heat, A/C, and common areas paid by owner. Tenants pay for electrical in their own unit. Will do viewing after accepted offer and proof of financing/funds. Agent principle owner: corporate owned.

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© 2021 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Raines Group | HER Realtors. Data last updated: 2021-06-17T12:51:44.68.
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370 S State Street , 1-4 Marion, OH 43302

  • Price: $239,000
  • Status: Active
  • Updated: 5 min ago
  • MLS #: 221000461
0
Beds
0
Baths
0
½ Baths
0.14
Acres
2,840
SQFT
$84
$/SQFT
1910
Built
Neighborhood:
Bain Addition
County:
Marion
Area:
Marion
School District:
Marion Csd 5102 Mar Co.
Property Description
Cash/curb offers only 4-plex cash cow opportunity / FULLY RENOVATED. Cash flow on this is $700 x 4=$2800 + laundry income + storage income; monthly. Property has been owned since Mid-September of 2020. Recently renovated (65k) all 4 units and they look virtually alike. All units rented on a 1 yr lease at $700 monthly each. Current tenants have been vetted for employment records proven. Each unit is 600 sq ft and has its own bedroom, bathroom, kitchen, ovens and refrigerators etc. Central heat, A/C, and common areas paid by owner. Tenants pay for electrical in their own unit. Will do viewing after accepted offer and proof of financing/funds. Agent principle owner: corporate owned.
Exterior Features

Construction Vinyl Siding

Interior Features

Air Conditioning Central Heat Fuel Gas Heating Forced Air

Property Features

1 Bedroom Monthly Rent Per Unit 700.00 1 Bedroom Units 4 2 Bedroom Monthly Rent Per Unit 0.00 2 Bedroom Units 0 3 Bedroom Monthly Rent Per Unit 0.00 3 Bedroom Units 0 Auction No Between Street1 Gurley Between Street2 Bain Built Prior To1978 Yes Corp Limit Per Auditor Marion Efficiency Monthly Rent Per Unit 700.00 Efficiency Units 4 Financials Gross Rental Income 2800.00 Financials Vacancy And Credit Loss 2100.00 For Exchange No For Sale Yes Miscellaneous BasementW/D Hookups Mult Parcels Sch Dis No Multifamily Sub Type Combination New Financing Other Other Monthly Rent Per Unit 0.00 Other Units 0 Owner Pays ElectricGasSewerTrashWater Services Available ElectricGasSanitary SewerStorm SewerWater Tax District 12 Tax Incentive No Tax Year 2019 Taxes Yearly 2.00 Tenant Pays Electricity Township Marion Use Code 401 - APARTMENT:4-19 UNITS Year Remodeled 2020

Listing provided courtesy of Sabina M Carder of Crites Realty Company


© 2021 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Raines Group | HER Realtors. Data last updated: 2021-06-17T12:51:44.68.
 
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The Raines Group | HER Realtors
5207 Hampsted Village Center Way
New Albany OH, 43054