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.

 

Powered byLuxury Presence