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Size
0.25 Acres
Exterior
Financial
$4,495,000
Change Currency
$2,719
Annual taxes
Listing Details
Multi Family
Property type
1920
Year Built
12425870
Web Id
224025181
MLS ID
61
Days Posted
Description
132 E George Street,
Marion,
OH
43302
Marion, OH 43302
Recently updated, well maintained and managed Marion, Ohio portfolio of 46 units plus a laundromat and garage. The portfolio consists of 15 unit complex (a 6 unit, a 5 unit, 2 doubles, a laundromat, and a 3000 sf storage garage) 10 additional doubles, and 11 single family homes. All properties have been updated over the past 4 years. Self managed using Tenant Cloud system for landlord and tenant processes and easy online payments. Laundry provides additional income and garage currently used as storage for owner could also be rented for extra income. All units have similar upgrades with same paint scheme, LVP flooring, etc. for ease of maintenance. 8.4% cap rate with $380,000+ NOI. Properties are in high demand with strong tenants and 97% occupancy. Great turnkey portfolio!
This is an Active listing.
Broker Office Phone Number: 614-932-2000
Copyright © 2024Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 614-932-2000
Copyright © 2024Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Price History
| date | price | variance | type |
|---|---|---|---|
| 9/13/2024 | $4,495,000 | 0.66 % | decreased |
| 7/21/2024 | $4,525,000 | - | Listed |
Listing By: Keller Williams Consultants via Data Source: Columbus and Central Ohio Multiple Listing Service
listing agent: Christopher Shea
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