45445 US Highway 20, Oberlin, OH 44074

$700,000

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List Price
$700,000
Status
ACTIVE
MLS#
5225081
Year Built
1954
Region
Pittsfield Twp
Township
Pittsfield Twp
Subdivision / Building
Pittsfield

Property Description

Rare opportunity to expand your real estate investment portfolio! This exceptional income-producing property features 14 total rental units situated on 3.25 acres with convenient access from Kipton Nickel Diagonal Road, and U.S. Route 20. The property includes 10 residential units, each offering 2 bedrooms, 1 full bathroom, private in-suite laundry, ceramic tile flooring throughout, and a refrigerator and stove that will remain with the property. The metal roof was replaced approximately three years ago. Also included is a 72' x 162' outbuilding with concrete floors, currently occupied by an established mechanic's business, providing additional commercial rental income. Above the outbuilding are 4 additional apartment units, further enhancing the property's revenue potential. This is a 100% occupied investment, with all residential units and the commercial space currently leased, providing immediate cash flow from day one. This well-maintained, fully leased property offers multiple income streams and outstanding long-term investment potential. Showings require a fully executed purchase contract and a minimum of 48 hours' notice.

Additional Information

Taxes
$11,594
Acres
3.25
Sewer
Holding Tank, Septic Needed, Septic Tank
Roof
Metal
Water
Public
Heating
Forced Air, Gas
Cooling
None
School District
Oberlin CSD - 4712

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Listing Courtesy of: Janet L Sprecher, janetsprechersold@gmail.com With RE/MAX Transitions

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