$4,495,000
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132 E George Street Marion, OH 43302
Other
Residence
Beds
Baths
Sq. Ft.
0.25
Acre
Lot
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Recently updated, well maintained and managed Marion, Ohio portfolio of 46 units plus a laundromat and garage. The portfolio consists of 15 unit complex (a 6 unit, a 5 unit, 2 doubles, a laundromat, and a 3000 sf storage garage) 10 additional doubles, and 11 single family homes. All properties have ...been updated over the past 4 years. Self managed using Tenant Cloud system for landlord and tenant processes and easy online payments. Laundry provides additional income and garage currently used as storage for owner could also be rented for extra income. All units have similar upgrades with same paint scheme, LVP flooring, etc. for ease of maintenance. 8.4% cap rate with $380,000+ NOI. Properties are in high demand with strong tenants and 97% occupancy. Great turnkey portfolio!
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MLS#
224025181
Property Type
Other
Year Built
1920
Lot Size
0.25
Sewer
Storm Sewer, Public Sewer
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