147-155 3rd St - Apartments FOR SALE


Wadsworth, OH 44281
$1,150,000 USD
330-760-4494
147-155 3rd St, Wadsworth, OH for Sale
$1,150,000 USD
Apartments - FOR SALE
1/13
null | 7.28% Cap Rate

147-155 3rd St
Wadsworth, OH 44281


HIGHLIGHTS

  • Package Totaling 11 Well-Maintained Units
  • 10-2 Bedroom/1 Bath Units with Garage Spaces
  • Tenants Pay All Utilities
  • Most Units Completely Renovated
  • History of Low Vacancy Rates
  • Properties are located within 1/2 mile of each other

OVERVIEW

Package Sale of 11 total multi-family units in Wadsworth. Eight apartment units located at 147 & 155 Third Street is for sale along with three apartment units at 340 Oak Street. The two, four-unit properties located at 147 & 155 Third Street consist of two bedrooms and one bathroom with a patio area. Each unit has a garage space that goes with the unit. Most of the units have been completely renovated. Each tenant pays all utilities including water, sewer, and trash. The tri-plex located at 340 Oak Street is comprised of a pair of two bedroom and one-bathroom units and a one bedroom and one-bathroom unit. Each unit has a garage space that goes with the unit. Two of the three units have been renovated. Each tenant pays all utilities including water, sewer, and trash. This package of multi-family units offers a great opportunity to purchase multi-family properties with a low vacancy history which are located within 1/2 mile of each other near the center of Wadsworth. Please call Ed Jesson at 330-760-4494 or Joe Zumpano at 330-990-0847 for a private tour. *PLEASE DO NOT DISTURB THE TENANTS*

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$215 USD /SF

# OF UNITS

11

PRICE/UNIT

$104,545

CAP RATE

7.28%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

147 & 155 3rd Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

-

APN/PARCEL ID

040-20D-04-183,040-20D-04-184

ASK ABOUT THIS PROPERTY

Ed JessonHoff & Leigh Commercial Real EstateMore Info
330-760-4494

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Ed JessonHoff & Leigh Commercial Real EstateMore Info
330-760-4494

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.