5411 Main AVE #1-19, Ashtabula, OH 44004
5411 Main AVE #1-19, Ashtabula, OH 44004
5411 Main AVE #1-19, Ashtabula, OH 44004
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$1,250,000
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1.62 Acres Lot
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5411 Main AVE #1-19 Ashtabula, OH 44004

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James Duncan

James Duncan

+1(330) 606-9212

UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Lorenzo Tyler

MLS Listing ID 5257654

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1912

Annual Tax Amount $12,170

Tax Year 2025

Lot Size 1.619 Acres

Acres 1.619

Property Sub-Type Apartment

Property Description

Multi-property investment portfolio offered as a package deal in Ashtabula, OH. Sale to include 19 total rental units. The mix of properties is made up of one four-unit building, 1 duplex, and 13 single family homes. All are located within a close proximity to each other for easier management. Conservative Gross potential monthly rents of $16,125. Annual tax $12,170. Annual Insurance $5,800. Rent roll and improvements list available upon request. There have been substantial improvements made to these properties over the past 2 years & nearly all have been through the city inspection and occupancy certification process required for rentals in that timeframe. Currently, there are 4 intentional vacancies because each of those will also be listed individually. 3 out of 4 vacancies are rent-ready, so you have a chance to fill those immediately upon closing. The 4th needs some improvement before it can be rented. This portfolio can be split up if desired.

Location

State OH

County Ashtabula

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas

Fireplace No

Exterior

Parking Features Assigned, Direct Access, Driveway

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Present Use Multi-Family,Single Family

Building

Lot Description Split Possible

Sewer Public Sewer

Water Public

Construction Status Updated/Remodeled

Schools

School District Ashtabula Area Csd - 401

Others

Tax ID 052050002800

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Shawni L Marich • Platinum Real Estate • shawni@thenovellagroup.com, 440-812-9493

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James Duncan

James Duncan

Agent License ID: 449204

+1(330) 606-9212

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5411 Main AVE #1-19