$ 2,850,000
295 N State Street Marion, OH 43302
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 2,850,000
Est. payment /mo
New
295 N State Street Marion, OH 43302
0.25 Acres Lot
UPDATED:
11/24/2024 08:39 PM
Key Details
Property Type Multi-Family
Sub Type Combination
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224041409
Originating Board Columbus and Central Ohio Regional MLS
Year Built 1920
Lot Size 10,890 Sqft
Lot Dimensions 0.25
Property Description
Incredible opportunity to own a 35 unit cash flowing portfolio in Marion, Ohio. Consists of a 15 unit complex complete with a laundry facility and a 3000sf garage/office, as well as 10 doubles in close proximity allowing for efficient property management.
All units have been updated over time by owners and rents are at market rates making this a true turnkey opportunity with a current 9.5% cap rate! The owners self manage and would assist new owners with transfer of their online management system through Tenant Cloud. This group must be purchased together and not split apart but could also be purchased with an additional 11 single family homes for a 46 unit portfolio. See MLS #224025181 for details. This is a great opportunity to scale up your rental portfolio or utilize a 1031x.
All units have been updated over time by owners and rents are at market rates making this a true turnkey opportunity with a current 9.5% cap rate! The owners self manage and would assist new owners with transfer of their online management system through Tenant Cloud. This group must be purchased together and not split apart but could also be purchased with an additional 11 single family homes for a 46 unit portfolio. See MLS #224025181 for details. This is a great opportunity to scale up your rental portfolio or utilize a 1031x.
Location
State OH
County Marion
Area 0.25
Rooms
Dining Room No
Interior
Heating Forced Air
Cooling Central, Other
Equipment No
Exterior
Parking Features On Street, Common Area
Others
Tax ID 12103000-2800
Listed by Christopher M Shea Keller Williams Consultants