545 E Mcconnel Avenue, Mcconnelsville, OH 43756

Local realty services provided by:ERA Martin & Associates
545 E Mcconnel Avenue,Mcconnelsville, OH 43756
$289,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:cinda d erickson
Office:berkshire hathaway hs pro rlty
MLS#:225019134
Source:OH_CBR

Price summary

  • Price:$289,900

About this home

Great Investment Opportunity! Fully Rented, Turnkey Brick Apartment Building - 7% Cap Rate Don't miss this rare chance to own a well-maintained, income-producing property in the heart of McConnelsville! This solid brick apartment building at 545 E McConnel Ave is in excellent condition and offers three spacious, fully rented units with strong rental history and zero downtime during recent turnovers. Property Features:*Unit 1:* 2 bed / 1 bath * Unit 2:* 2 bed / 1 bath *Unit 3:* 4 bed / 2 bath - potential to convert into two separate units for increased income. On-site laundry in every unit * Generous storage throughout * Outdoor porches and upper-level balcony for added charm and tenant appeal This property has been expertly maintained and boasts steady occupancy with high demand. With a 7% cap rate, immediate cash flow, and future upside by converting Unit 3 into two apartments, this is an ideal addition to any investor's portfolio. Schedule a showing today and seize this incredible

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Home facts

  • Year built:1967
  • Listing Id #:225019134
  • Added:76 day(s) ago
  • Updated:August 12, 2025 at 02:10 PM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1967
  • Lot area:0.28 Acres

Finances and disclosures

  • Price:$289,900
  • Tax amount:$3,205
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