Incredible opportunity to own a 35 unit cash flowing portfolio in Marion, Ohio. Consists of a 15 unit complex complete with a laundry facility and a 3000sf garage/office, as well as 10 doubles in close proximity allowing for efficient property management. All units have been updated over time by owners and rents are at market rates making this a true turnkey opportunity with a current 9.5% cap rate! The owners self manage and would assist new owners with transfer of their online management system through Tenant Cloud. This group must be purchased together and not split apart but could also be purchased with an additional 11 single family homes for a 46 unit portfolio. See MLS #224025181 for
$2,850,000
68 beds— baths— sq ft
295 N State St, Marion, OH 43302
0.25 acre lot • Somewhat walkable
Christopher Shea • Keller Williams Consultants, (614) 932-2000
ONLINE AUCTION. List price is the RESERVE (or minimum bid). Bidding takes place on Auction Ohio's website. The auction is open now and begins to end at 7:00 PM, Monday, December 9, 2024. Located at 443 N State St in Marion, Ohio, this charming 1,903-square-foot single-family home, built in 1927, is brimming with potential. Featuring three bedrooms and two bathrooms, the property offers a solid foundation for your creative vision. While it requires updates and renovations, the classic architecture and spacious layout make it an ideal opportunity for buyers looking to restore and revitalize a historic home. Situated in a prime location, this property is conveniently close to downtown Marion,
NOW VACANT AND EASY TO SEE! You won't want to miss out on the cash flow opportunity this duplex offers. The owner was receiving $700 in rent for the upstairs one bedroom unit. It just had new carpet laid and fresh paint in most rooms. The lower two bedroom unit has been collecting $850 in rent. It has newer paint and flooring, and some kitchen and bathroom updates recently completed. The large living area, central air, and storage closets are highlights of the lower unit. The property features off road parking, a large yard, and also has a carriage house garage in need of repair that could be an additional rental unit in the future.
$109,900
3 beds— baths— sq ft
206 E Mark St, Marion, OH 43302
0.3 acre lot • Garage • Somewhat walkable
Taryn Hensel • RealtyOhio Real Estate, (614) 885-0156
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. All properties have been updated over the past 4 years. Self managed using Tenant Cloud system for landlord and tenant processes and easy online payments. Laundry provides additional income and garage currently used as storage for owner could also be rented for extra income. All units have similar upgrades with same paint scheme, LVP flooring, etc. for ease of maintenance. 8.4% cap rate with $380,000+ NOI. Propertie
$4,195,000
99 beds— baths— sq ft
132 E George St, Marion, OH 43302
0.25 acre lot • Somewhat walkable
Christopher Shea • Keller Williams Consultants, (614) 932-2000