545 E Mcconnel AVE Active Save Request In-Person Tour Request Virtual Tour
Mcconnelsville,OH 43756
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $87
Subdivision Goddards Add
MLS Listing ID 5123896
Bedrooms 8
Full Baths 4
Year Built 1967
Annual Tax Amount $3,205
Tax Year 2024
Lot Size 0.280 Acres
Property Sub-Type Triplex
Property Description
Great Investment Opportunity! Fully Rented, Turnkey Brick Apartment Building – 7.66% % CAP Rate
Don't miss this rare chance to own a well-maintained, income-producing property in the heart of McConnelsville! This solid brick apartment building, located at 545 E. McConnell Ave., is in excellent condition and offers three spacious, fully rented units with a strong rental history and zero downtime during recent turnovers.
**Property Features:**
* **Unit 1:** 2 bed / 1 bath
* **Unit 2:** 2 bed / 1 bath
* **Unit 3:** 4 bed / 2 bath – *potential to convert into two separate units for increased income*
* On-site laundry in every unit
* Generous storage throughout
* Outdoor porches and upper-level balcony for added charm and tenant appeal
This property has been expertly maintained and boasts steady occupancy with high demand. With a 7.66% CAP rate, immediate cash flow, and future upside by converting Unit 3 into two apartments, this is an ideal addition to any investor's portfolio.
Schedule a showing today and seize this incredible opportunity! This is the kind of rental investors look for: clean numbers, reliable tenants, and a great area. Don't miss out.
Location
State OH
County Morgan
Interior
Heating Forced Air,Gas
Cooling Central Air
Laundry In Unit
Exterior
Exterior Feature Balcony
Parking Features Gravel,Off Street,On Street,Unpaved
View Y/N Yes
View City
Roof Type Metal
Building
Lot Description City Lot,Flat,Level
Story 2
Sewer Public Sewer
Water Public
Schools
School District Morgan Lsd - 5801
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional