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$1,250,000
5411 Main Avenue 1-19, Ashtabula, OH 44004
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Living area
1.619 acres
Lot size
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Stories
Multi-property investment portfolio offered as a package deal in Ashtabula, OH. Sale to include 19 total rental units. The mix of properties is made up of one four-unit building, 1 duplex, and 13 single family homes. All are located within a close proximity to each other for easier management. Conservative Gross potential monthly rents of $16,125. Annual tax $12,170. Annual Insurance $5,800. Rent roll and improvements list available upon request. There have been substantial improvements made to these properties over the past 2 years & nearly all have been through the city inspection and occupancy certification process required for rentals in that timeframe. Currently, there are 4 intentional vacancies because each of those will also be listed individually. 3 out of 4 vacancies are rent-ready, so you have a chance to fill those immediately upon closing. The 4th needs some improvement before it can be rented. This portfolio can be split up if desired.
Heating
Parking
Basement
5411 Main Avenue 1-19, Ashtabula, OH 44004
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Estimated monthly payment
$7,831
Estimates only. Taxes and insurance are approximated from the list price and vary by county and carrier. Talk to a lender for a real quote.