MLS#: 5029162

$1,450,000 USD

The details

Property features

Construction details

  • Year built: 1977
  • Roofing: composition/shingle

Other features

  • Property features: Carport
  • Heating system: Heat Pump Gas

Description

Welcome to this lucrative investment opportunity in a thriving community! This well-maintained 18-unit townhouse-style apartment building offers a rare chance to own a profitable property where tenants cover all expenses. Each unit features the convenience of assigned covered parking, ensuring tenants’ vehicles are protected year-round. The spacious townhouse layout provides residents with a comfortable living space, making it an attractive option for renters. With an average rent of $740 per unit, this property offers a stable income stream. Its prime location adds to its appeal, providing easy access to local amenities and transportation. Gross monthly rent is $13,300 and monthly expenses are $2,236. All units are occupied and tenants are current.

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Location

Louisville, Ohio