Commercial Real Estate for Sale at 5425 Adams Avenue in Ashtabula, OH for $582,000

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5425 Adams Avenue | Ashtabula

$582,000 | 0.0 Sq. Ft.

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. MLSNow 5183560 Directions to property: Multiple Address locations, see Offering Memo

MLS Listing ID: 
MLSNow 5183560
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$582,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Ashtabula
Address: 
5425 Adams Avenue, Ashtabula, OH 44004
County: 
Ashtabula
Latitude: 
41.8592750
Longitude: 
-80.7902160
Directions: 
Multiple Address locations, see Offering Memo
Public Remarks: 
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.
Community Information
School District: 
Ashtabula Area CSD - 401
Subdivision: 
Tyler
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1902
Living Area: 
0.0
Basement: 
Full,Unfinished
Construction
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.65
Lot Size (Area): 
0.65
Lot Features
Parking Type: 
Driveway,Private
Public Record
Parcel Number: 
051170006500
Annual Tax: 
$4,870.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Platinum Real Estate

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