Local realty services provided by:ERA Geyer Noakes Realty Group
Listed by: gavin maier
Office: serenity realty llc.
MLS#:10003488
Source:OH_TBR
Price summary
- Price:$549,900
- Price per sq. ft.:$74.31
About this home
Turnkey 8-unit apartment building with all units renovated. Major improvements include a roof approximately 10 years old, vinyl replacement windows throughout, and new balconies installed within the last 5 years. All furnaces have been replaced within the last 6 years, and 4 of the 8 hot water tanks are new, reducing near-term capital expenses. The property has currently 6 units leased with 2 vacant units in the process of being turned. Tenants are already lined up for the vacant units, allowing for quick stabilization. The entire building is electric, which is paid by tenants, owner pays common area electric (roughly $120/month). Fire extinguishers were inspected, serviced, or replaced in 2024. There is additional value-add potential through updating the common hallways, offering further upside. Well-maintained, stabilized asset with strong rental demand.
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Home facts
- Year built:1973
- Listing ID #:10003488
- Added:3 day(s) ago
- Updated:January 31, 2026 at 02:26 PM
Rooms and interior
- Bedrooms:16
- Living area:7,400 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1973
- Building area:7,400 sq. ft.
Schools
- High school:Whitmer
- Middle school:None
- Elementary school:Meadowvale
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$549,900
- Price per sq. ft.:$74.31
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