Active
295 N State Street
Marion OH, 43302
$2,850,000
Active
Multi-family
Built in 1920
Courtesy of Christopher M Shea - Keller Williams Consultants
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.
224041409
MLSⓇ ID
November 24, 2024
Listed
November 24, 2024
Updated
Map
295 N State Street
Marion OH, 43302
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central, Other
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.25 Acres
Sewer
Public Sewer
School Information
School District
MARION CSD 5102 MAR CO.
Other Property Details
Days on Market
1
Garage
No
Parking
On Street, Common Area
View
No
County
Marion
Municipality
Marion
Pool
No
Courtesy of Christopher M Shea - Keller Williams Consultants
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Angie Tanner-Miller shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright: 2024 by Columbus and Central Ohio Regional MLS. All rights reserved.