Listing provided by: Straley Realty & Auctioneers- Van Wert
320 N Jefferson St
Delphos, OH 45833
$272,000
Sold
Overview
Outstanding Class-B (7) unit multi-family apartment complex. Professionally maintained and ready for the next investor. This property is located in a great neighborhood and within walking distance to Jefferson Middle School and downtown. This 7-unit complex has low vacancy and many improved features like a newer roof and some bathrooms/kitchens are updated. Great cash flow with $42,600 in yearly incomewhich could be improved! (6) units are one-bedrooms, and 7th unit is an efficiency. All tenants are current and are never late. Standing Cap Rate is 8.5%...which could be improved by adding sub-meters and/or using RUBS! Property is total electric with the landlord paying for trash/mowing/snow removal/water/sewer. This package could be your opportunity for financial freedom. Property Management Services are available for the “hands-off” investor—special 1st year rate applies.,Additional lease options: and 12 Months ...
7 Beds
Full Baths
0 ft2
0 ft2
Details
General
Stories
2
Bedrooms
7
Bathrooms
full
Square footage
0 sq. ft.
Lot size
0 sq. ft.
Pool
No
Year built
1967
Other
Type
Multi-family
Listing information
MLS #
203558
APN
250487200000
Listing provided by
Straley Realty & Auctioneers- Van Wert
Attribution Contact
+14196058410
Status
Sold
Location
Neighborhood
County
Van Wert
320 N Jefferson St, Delphos, OH 45833
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