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About This Home
This 0-bedroom, 0-bathroom multi-family at 5425 Adams Avenue in Ashtabula, OH is listed for $582,000. Built in 1902, on a 0.65 acres lot.
This portfolio offers 5 single family homes within close proximity to one another in Ashtabula, Ohio. Two homes are currently vacant with one listed for sale individually and the other vacancy under renovation. Either could be easily rented, as rentals are in high demand in this market.
(reno will be complete prior to sale). Three of the five homes have stable tenants in place providing consistent rental income. Conservative Gross monthly potential rents are $5,550 total. Each home has been nicely maintained and has had major improvements completed within the last couple of years.
These are currently owner-managed properties. Leases are in place. Records have been nicely kept. Homes are all in compliance with Ashtabula City rental policy or Section 8 inspections. Offered at a per home price of $116,400 each, these are nicely below the average home price for the area of approx. $150K. See pricing breakdown of each home in the Offering Memorandum. Will sell individual or as a package.
Key Features
- Built in 1902
- 0.65 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$3,113/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5425 Adams Avenue
Ashtabula, OH 44004
Tyler
Property Details
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 5425 Adams Avenue is listed at $582,000. The estimated monthly payment is $2,522 based on 20% down at 6.5% interest.
Key features include: Built in 1902, 0.65 acre lot, 2 stories.
This property is listed by Shawni L Marich and can be reached at 4408129493 or shawni@thenovellagroup.com.
