MLS#5183560
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONTyler
SCHOOLAshtabula Area City
Property Description
This portfolio offers 5 single family homes within close proximity to one another in Ashtabula, Ohio. Two homes are currently vacant with one listed for sale individually and the other vacancy under renovation. Either could be easily rented, as rentals are in high demand in this market. (reno will be complete prior to sale). Three of the five homes have stable tenants in place providing consistent rental income. Conservative Gross monthly potential rents are $5,550 total. Each home has been nicely maintained and has had major improvements completed within the last couple of years. These are currently owner-managed properties. Leases are in place. Records have been nicely kept. Homes are all in compliance with Ashtabula City rental policy or Section 8 inspections. Offered at a per home price of $116,400 each, these are nicely below the average home price for the area of approx. $150K. See pricing breakdown of each home in the Offering Memorandum. Will sell individual or as a package.
Property Features
Property Type: Commercial - Business
Basement: Yes
Basement: Full, Unfinished
Heating: Forced Air, Gas
Lot Size: 0.65 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $4,870 / year
Year Built: 1902
Feature Descriptions
Days on Site: 69
Parcel#: 051170006500
Parking: Driveway, Private
Sewer: Public Sewer
Water: Public
Local Schools
School District: Ashtabula Area City
Listed By / Shown By
Listed By
Agency Name: Platinum Real Estate
Agency Contact: shawni@thenovellagroup.com, 440-812-9493
Shown By
Agency Title: Tanner Real Estate
Agency Phone: 330.823.8880
5425 Adams Avenue | MLS# 5183560
This commercial property located at 5425 Adams Avenue, Ashtabula, OH 44004 is currently listed for sale with an asking price of $582,000. Adams Avenue is located within the Ashtabula Area City school district. Search Ashtabula real estate on www.tannerrealestate.net today.