545 E Mcconnel AVE Mcconnelsville, OH 43756
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,300 sqft
Price per Sqft $90
Subdivision Goddards Add
MLS Listing ID 5123896
Bedrooms 8
Full Baths 4
HOA Y/N No
Abv Grd Liv Area 3,300
Year Built 1967
Annual Tax Amount $3,205
Tax Year 2024
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Triplex
Property Description
Don't miss this rare chance to own a well-maintained, income-producing property in the heart of McConnelsville! This solid brick apartment building, located at 545 E. McConnell Ave., is in excellent condition and offers three spacious, fully rented units with a strong rental history and zero downtime during recent turnovers.
**Property Features:**
* **Unit 1:** 2 bed / 1 bath
* **Unit 2:** 2 bed / 1 bath
* **Unit 3:** 4 bed / 2 bath – *potential to convert into two separate units for increased income*
* On-site laundry in every unit
* Generous storage throughout
* Outdoor porches and upper-level balcony for added charm and tenant appeal
This property has been expertly maintained and boasts steady occupancy with high demand. With a 7.66% CAP rate, immediate cash flow, and future upside by converting Unit 3 into two apartments, this is an ideal addition to any investor's portfolio.
Schedule a showing today and seize this incredible opportunity! This is the kind of rental investors look for: clean numbers, reliable tenants, and a great area. Don't miss out.
Location
State OH
County Morgan
Direction West
Rooms
Basement Crawl Space, None
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Window Features Double Pane Windows,Insulated Windows
Appliance Dryer, Range, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Balcony
Parking Features Gravel, Off Street, On Street, Unpaved
View Y/N Yes
Water Access Desc Public
View City
Roof Type Metal
Accessibility None
Porch Balcony
Private Pool No
Building
Lot Description City Lot, Flat, Level
Faces West
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Morgan Lsd - 5801
Others
Tax ID 140-007-750-0
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Lorrie Raymond
OH/Realtor Manager & West Virginia Agent | License ID: SAL.2018004006, WVS230302470