Flat Fee MLS Real Estate Realtor Listing Service
Continental Real Estate Group, Inc.
OH Brokerage Lic. #REC.2017003258
Derek Eisenberg
OH Broker's Lic. #BRK.2011000022
(877) 996-5728
201-487-0122 Fax
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Derek Eisenberg
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Listing ID: #139451

Property Information

Status: Active
MLS #: New Listing-Insertion in Progress

Transaction Type:
For Sale
Property Type:
Apartment Bldg 5+ Units
Property Type: Commercial

Flexibility:
Willing to Negotiate

Asking Price: $175,000
Property Sign ID: N/A

Address:
440 Davids St.
Marion, OH 43302
Marion County
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Property Details

Style: Multi Floor Unit
Year Built: 1900

Lot Size: 5,483 Sq. Ft.
Year Renovated: 2014

Bedrooms: 12
Full Bathrooms: 5
Half Bathrooms: 0

Total Rooms: 23
Stories: 2.00

Square Footage: Finished Unfinished Total
Above Grade 4,896 0 4,896
Below Grade 0 640 640
Total 4,896 640 5,536

Garage Size: None
Basement: Partial
Basement Finish: Unfinished

Attic: Crawl Space
Attic Finish: Unfinished

Heating Type: Element
Heating Delivery: Baseboard
Heating Fuel: Electric

Cooling: None
Water: Municipal
Sewer: Municipal

Taxes: $525

Property Amenities: Ceiling Fans

Locational Amenities: Near Public Transportation, Near Shopping, Within 5 min of Highways

Lounge Areas: Porch

Flooring: Ceramic Tile Floors, Vinyl Tile Floors

School District: Marion City Schools

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Property #139451 Photo - Flat Fee MLS Listing
440

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Property Description

We purchased this investment property as a distressed vacant five unit apartment building in mid-2012. We heavily remodeled every unit staring in 2013 and finished in 2014 as a part-time project. We've invested more than $150,000 into the property! Custom tile showers in each unit, ceramic tile in the kitchen and baths, vinyl hard wood flooring, energy start black-on-black appliances, ceiling fans in every bed and living room, fully insulated the walls/attic/pipes in basement, fire alarms and extinguishers in each unit, new porches built on two apartments, community laundry room for tenants only, security system with infra-red and night vision capabilities, plus other upgrades.

Generate $2,875/mo in rent! Contact the seller, Cory at 740-815-5059 for P&L and rent roll history. Extremely low expenses, only $525/yr in property taxes, and tenants pay their own utilities. If you'd like to see more pictures, as well as before and after's visit www.hixsonholdings.com. Thanks for your interest!

Contact Information

Contact Name: Cory Hixson
Contact Number:
Email Address: Contact Home Owner

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Disclaimer: Some or all of the data contained in this listing has been provided by the seller or lessor as applicable and is believed to be accurate but is not guaranteed. The square footage listed for this property was entered by the owner and has not been verified for accuracy.

Viewed on 12/01/2024

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Derek Eisenberg
  877-996-5728 Phone
201-487-0122 Fax