124 E Main St - Apartments FOR SALE


Plain City, OH 43064
$799,900 USD
614-314-5555
124 E Main St, Plain City, OH for Sale
$799,900 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

124 E Main St
Plain City, OH 43064


OVERVIEW

This property in Plain City is an excellent investment opportunity, featuring two 3-bedroom apts, two 2-bedroom apts, and an additional 2-bedroom unit above the garage. It's conveniently located at the corner of Main & Main, within walking distance to local amenities. The property includes off-street parking and has a newer roof installed in 2015, although it does need updates throughout. All current tenants are on mo-to-mo leases at below market rents, providing potential for increased income with renovations and adjustments to rental rates. Lots of great stuff happening in Plain City. Across Main St is the new Clocktower cocktail/restaurant and coming soon is an historic train depot with community park called the Public Square. This property is in the heart of it curb offers only!

FOR SALE DETAILS

PRICE

$799,900 USD

PRICE/SF

$95 USD /SF

# OF UNITS

5

PRICE/UNIT

$159,980

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

124 E Main Street, Plain City, OH 43064

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

-

APN/PARCEL ID

04-00161.000

ASK ABOUT THIS PROPERTY

Martha HunleyKW CommercialMore Info
614-314-5555

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Martha HunleyKW CommercialMore Info
614-314-5555

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