$ 4,195,000
132 E George Street Marion, OH 43302
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 4,195,000
Est. payment /mo
Price Dropped by $300K
132 E George Street Marion, OH 43302
0.25 Acres Lot
UPDATED:
11/14/2024 05:57 PM
Key Details
Property Type Multi-Family
Sub Type Combination
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224025181
Originating Board Columbus and Central Ohio Regional MLS
Year Built 1920
Annual Tax Amount $2,719
Lot Size 10,890 Sqft
Lot Dimensions 0.25
Property Description
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!
Location
State OH
County Marion
Area 0.25
Rooms
Dining Room No
Interior
Heating Forced Air
Cooling Central, Other
Equipment No
Exterior
Garage On Street
Parking Type On Street
Others
Tax ID 12-1030002.800
Listed by Christopher M Shea Keller Williams Consultants