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295 N State Street
Marion OH 43302 US

$2,850,000

Active Listing ID 224041409
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Lot: 0.25 Acres
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Other

$2,850,000

Active Listing ID 224041409
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295 N State Street 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 details. This is a great opportunity to scale up your rental portfolio or utilize a 1031x.

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Property Features

  • Facts
  • Lot Size: 0.25 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2850000
  • unparsedaddress: 295 N State Street
  • postalcity: Marion
  • stateorprovince: OH
  • country: US
  • postalcode: 43302
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.25
  • lotsizeunits: Acres
  • lotsizearea: 0.25
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.592793
  • longitude: -83.127823
  • listagentfullname: Christopher M Shea
  • listagentemail: joanbrant@kw.com
  • listagentkey: 3yd-CCOMLSOH-658021648
  • listagentmlsid: 658021648
  • listagentpreferredphone: 6146387825
  • listagentofficephone: 6149322000
  • listofficekey: 3yd-CCOMLSOH-06110
  • listofficemlsid: 06110
  • disclaimer: Copyright © 2024 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CCOMLSOH
  • yearbuilt: 1920
  • listingcontractdate: 2024-11-24
  • listagenturl: http://www.consultantsrealty.com
  • countyorparish: Marion
  • parcelnumber: 12103000-2800
  • elementaryschooldistrict: MARION CSD 5102 MAR CO.
  • middleorjuniorschooldistrict: MARION CSD 5102 MAR CO.
  • highschooldistrict: MARION CSD 5102 MAR CO.
  • heating: Forced Air
  • numberofunitstotal: 35
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: On Street
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -83.12782, 40.592793
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Consultants Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"joanbrant@kw.com", "ListBrokerageCity":"Dublin", "ListBrokerageCountry":"US", "ListBrokerageEmail":"joanbrant@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CCOMLSOH/7061abf1552e11df874b00219b9aa4d8/20170718233903325.png", "ListBrokerageName":"Consultants Realty, LLC", "ListBrokeragePhone":"(614) 932-2000", "ListBrokeragePostalCode":"43016", "ListBrokerageStateOrProvince":"OH", "ListBrokerageUnitNumber":"Suite 100", "ListBrokerageUnparsedAddress":"5400 Frantz Rd", "ListBrokerageWebsiteUrl":"http://www.consultantsrealty.com", "ListOfficeAddress1":"5400 Frantz Road, Suite #100", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"658000604", "ListOfficeCity":"Dublin", "ListOfficeCountry":"US", "ListOfficeEmail":"joanbrant@kw.com", "ListOfficePostalCode":"43016", "ListOfficeStateOrProvince":"OH", "ListPriceCurrencyType":"USD", "ListingTitle":"Combination - Marion, OH", "ListingURL":"https://listings.listhub.net/pages/CCOMLSOH/224041409/?channel=rexren", "MLSModificationTimestamp":"2024-11-24T09:02:48Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/24/2024 7:01:47 PM GMT
Source Updated Date: 11/27/2024 6:53:58 AM GMT

Courtesy of: Christopher M Shea, Keller Williams Consultants, joanbrant@kw.com

Copyright © 2024 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.