Property Description

Outstanding Class-B (7) unit multi-family apartment complex. Professionally maintained and ready for the next investor. This property is located in a great neighborhood and within walking distance to Jefferson Middle School and downtown. This 7-unit complex has low vacancy and many improved features like a newer roof and some bathrooms/kitchens are updated. Great cash flow with $42,600 in yearly incomewhich could be improved! (6) units are one-bedrooms, and 7th unit is an efficiency. All tenants are current and are never late. Standing Cap Rate is 8.5%…which could be improved by adding sub-meters and/or using RUBS! Property is total electric with the landlord paying for trash/mowing/snow removal/water/sewer. This package could be your opportunity for financial freedom. Property Management Services are available for the “hands-off” investor—special 1st year rate applies.

Features
: Electricity, Cable Tv, Cooling, Deposit, Heating
: Cash, Conventional, Fha
: 12 Months, Month To Month
: Subject To Tenant Rights, Day Of Closing
: Baseboard
: Street, Off Street
Address Map
N Jefferson St
320
W85° 39' 27.2''
N40° 50' 44.2''
Property is located on the corner of N. Jefferson St. & W. 4th St.
Additional Information
STRALEY REALTY & AUCTIONEERS- VAN WERT
106_14
Delphos
Multi-Family
Click here
: City
CHESTER
STRALEY
4196058410

320 N Jefferson St, Delphos, Ohio 45833

320 N Jefferson St, Delphos, Ohio 45833

60 Acre
$279,500
Listing ID #5171
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 5171
Price : $279,500
Year Built : 1967
Lot Area : 60 Acre
County : Van Wert
City : Delphos
Zipcode : 45833
Status : Pending
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