295 N State Street
Marion, OH 43302
- – beds
- – baths
- – sqft
- 10,890 sqft lot
- 1920 build
- – on site
Incredible opportunity to own a 35 unit cash flowing portfolio in Marion, Ohio. Consists of a 15 unit complex complete with a laundry facility and a 3000sf garage/office, as well as 10 doubles in close proximity allowing for efficient property management.All units have been updated over time by owners and rents are at market rates making this a true turnkey opportunity with a current 9.5% cap rate! The owners self manage and would assist new owners with transfer of their online management system through Tenant Cloud. This group must be purchased together and not split apart but could also be purchased with an additional 11 single family homes for a 46 unit portfolio. See MLS #224025181 for details. This is a great opportunity to scale up your rental portfolio or utilize a 1031x.
Last checked:
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Last updated Nov 24, 2024
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MLS# 224041409 —
The Building
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Year Built:1920
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Built Prior to 1978:yes
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New Construction:No
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Subtype:Combination
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Exterior:Brick, Vinyl Siding
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Miscellaneous:Basement, Security System
Location
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Latitude:40.59276
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Longitude:-83.127735
The Property
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Property Type:C
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Acreage:0.25
Listing Agent
- Contact info:
- Agent phone:
- (614) 638-7825
- Office phone:
- (614) 932-2000
Taxes
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Parcel # / TaxID:12103000-2800
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Additional Parcel Numbers:12103000-2900124190003200122050101500122060001100123130002100123140004700122060001300122040000600122120001000122050100500122060102700
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Tax District:12
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Real Estate Taxes:13108.00
The Listing
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Auction:No
Heating & Cooling
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Heating:Forced Air
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Heat Fuel:Gas
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Air Conditioning:Central, Other
Utilities
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Utilities Available:Electric, Sanitary Sewer, Water, Storm Sewer, Gas
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Sewer:Public Sewer
Schools
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School District:MARION CSD 5102 MAR CO.
The Community
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# of Docks:17.00
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Repairs and Maintenance:13240.00
Parking
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Parking:3 Car Garage, On Street, Common Area
Extra Units
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1 Bedroom Units:6
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2 Bedroom Units:25
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3 Bedroom Units:4
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Other Units:2
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/24/24
Nov 24, 2024
|
Listed / Active | CBRMLS | $2,850,000 |
