See all 24 photos
$854,800
Est. payment /mo
1.02 Acres Lot
New
5064-5074 S Main ST New Franklin, OH 44319
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Lone Linden Estates
MLS Listing ID 5126563
HOA Y/N No
Year Built 1966
Annual Tax Amount $10,087
Tax Year 2023
Lot Size 1.020 Acres
Acres 1.02
Property Sub-Type Apartment
Property Description
Fantastic investment opportunity! This fully occupied, well-maintained two quadplexes in a prime location with multiple state park entrances nearby. Both properties offer excellent income potential. Owner pays gas for all units, separate electric that runs boiler and water softener and pays septic maintenance contract per summit county. Estimated monthly costs for gas $140 and $70-$117 for electric per month. Seller uses Humbert Sanitary for septic maintenance contract at $135 per tank (two tanks on the quad plex) every 6 months. Rents for 3/4 units are below market. Seller would prefer to sell together but is willing to sell separately. Also see MLS # 5107424 and 5107408 for individual listings.
Location
State OH
County Summit
Rooms
Basement Full
Interior
Heating Gas, Hot Water, Steam
Cooling Central Air
Fireplace No
Exterior
Parking Features Circular Driveway, Common, Carport, Driveway
Water Access Desc Well
Roof Type Asphalt,Fiberglass
Total Parking Spaces 12
Building
Sewer Septic Tank
Water Well
Schools
School District Manchester Lsd Summit- 7706
Others
Tax ID 2301734
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
Special Listing Condition Standard
Listed by Debbie L Ferrante • RE/MAX Edge Realty • debbie@debbieferrante.com 330-958-8394