602 Commerce Street
Wellsville, OH 43968
- 4 beds
- 2 baths
- – sqft
- 2,161 sqft lot
- 1900 build
- – on site
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What if I told you that you could own this duplex for as little as $50 a month with little to no money down? Welcome to this charming duplex located in Wellsville, Ohio, listed at an affordable price of $95,000. This property features two units, each with 2 bedrooms, 1 bathroom, and its own laundry room. Perfect for both investors and owner-occupants, this duplex offers an incredible opportunity for cost-effective homeownership. With a USDA loan, you can purchase this property with 0% down, provided you occupy one of the units. Closing costs are approximately 4% of the purchase price, about $3,800, but you could negotiate with the seller to cover these costs. Private mortgage insurance (PMI) is roughly $30 a month. Based on a 30-year fixed-rate mortgage at around 7%, your total monthly payment would be approximately $798, including principal, interest, taxes, and insurance. The best part? each unit is estimated to rent out for $750 a month, significantly offsetting your costs. After accounting for this rental income, your net monthly cost to own this property would be around $50. Don’t miss this fantastic opportunity to own a versatile property with substantial rental income potential. Contact me today for more information or to schedule a private tour! *all numbers are estimates
Last checked:
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Last updated Mar 5, 2025
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MLS# 5044610 —
The Building
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Year Built:1900
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Construction Materials:VinylSiding
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Levels:Two
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Stories:2
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Roof:Asphalt
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Basement:true
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Foundation:Block
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# of Buildings:1
Interior
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Rooms Total:7
Room Dimensions
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Living Area Units:SquareFeet
Location
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Directions:from slacks antique mall head towards fire station. take right on to 6th st. home is on corner of commerce
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Latitude:40.607393
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Longitude:-80.64652
The Property
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Parcel Number:8401021000
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Property Type:ResidentialIncome
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Property Subtype:Duplex
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Property Subtype Additional:Duplex
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Lot Size Acres:0.0496
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Lot Size Area:0.0496
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (330) 708-4120
- Office phone:
- (330) 385-8580
Taxes
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Tax Year:2023
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Tax Legal Description:PT #7 FORDS 40'X54' (602 COMMERCE ST) TOD DES TO MATTHEW RAY JOHNSON (PRIMARY) & CATELYNN MAE JOHNSON (CONTINGENT) 7-21-2020
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Tax Annual Amount:$792
Beds
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Bedrooms Total:4
Baths
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Total Baths:2
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Full Baths:2
The Listing
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Home Warranty:false
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Special Listing Conditions:Standard
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:CeilingFans
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School District:Wellsville LSD - 1511
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Middle School District:Wellsville LSD - 1511
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High School District:Wellsville LSD - 1511
The Community
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Subdivision Name:Fords
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Pool Private:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:1.0
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Carport:false
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Parking Features:Driveway
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).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/5/25
Mar 5, 2025
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Sold | MLS_NOW | $75,000 | -21.1% |
|
12/20/24
Dec 20, 2024
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Sold Subject To Contingencies | MLS_NOW | $95,000 | |
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4/24/18
Apr 24, 2018
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Sold | MLS_NOW |
