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 opportunity! This is the kind of rental investors look for: clean numbers, reliable tenants, and a great area. Don't miss out.
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Home facts
- Year built:1967
- Listing ID #:225019134
- Added:123 day(s) ago
- Updated:September 28, 2025 at 03:27 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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