39
See all 39 photos
$4,195,000
Est. payment /mo
0.25 Acres Lot
Price Dropped by $300K
214 S Seffner Avenue Marion, OH 43302
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UPDATED:
11/14/2024 05:57 PM
Key Details
Property Type Multi-Family
Sub Type Combination
Listing Status Active
Purchase Type For Sale
MLS Listing ID 224025279
Originating Board Columbus and Central Ohio Regional MLS
Year Built 1920
Lot Size 10,890 Sqft
Lot Dimensions 0.25
Property Description
Recently updated, well maintained and managed Marion, Ohio portfolio of 46 units plus a laundromat and garage. The portfolio consists of 15 unit complex (a 6 unit, a 5 unit, 2 doubles, a laundromat, and a 3000 sf storage garage) 10 additional doubles, and 11 single family homes. Properties have been updated over the past 4 years. Self managed using Tenant Cloud system for landlord and tenant processes and online payments. Laundry provides additional income and garage currently used as storage for owner could also be rented. Units have similar upgrades with same paint colors, LVP flooring, etc. for ease of maintenance. 8.4% cap rate with $380,000+ NOI. Properties are in high demand with strong tenants and 97% occupancy. One unit currently being renovated. Great turnkey portfolio!
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
Schools
High Schools Marion Csd 5102 Mar Co.
Others
Tax ID 12-419000-4600
Listed by Christopher M Shea Keller Williams Consultants