Property Description

Outstanding multi-family property that is positioned perfectly with easy access to US 24. The property is situated almost directly in-between Defiance, OH & Ft. Wayne, IN. This 10-unit complex has low vacancy and strong value-add features. Great cash flow with $57,300 in yearly income which could be improved! Standing Cap Rate is 10%…which could be improved! There are (3) triplexes and (1) SFD. ALL HVAC systems are modern and recently replaced. This package could be your opportunity for financial freedom. Property Management Services are available and fee recently reduced!

Features
: Electricity, Cable Tv, Gas, Deposit
: Cash, Conventional, Fha
: 12 Months, Month To Month
: Subject To Tenant Rights, Day Of Closing
: Forced Air
: 1+ Space/unit
Address Map
ROAD 250A
2902
W85° 13' 55.2''
N41° 10' 30.8''
Property is located on the west edge of Antwerp; Travel west of Antwerp on Road 424 for about a mile, Turn north (right) on Road 21, Turn west (left) on Road 250A; Property is located on the south side of the road.
Additional Information
STRALEY REALTY & AUCTIONEERS- VAN WERT
106_14
Antwerp
Unknown
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: Other, See Remarks
CHESTER
STRALEY
4196058410

2902 ROAD 250A, Antwerp, Ohio 45813

2902 ROAD 250A, Antwerp, Ohio 45813

87,120 Sqft
$399,900
Listing ID #3858
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 3858
Price : $399,900
Square Footage : 87,120 Sqft
Year Built : 1979
Lot Area : 2 Acre
County : Paulding
City : Antwerp
Zipcode : 45813
Status : Active
Contact Agent