Listing ID: 42925

Business Overview

Calling all investors who are looking to add a variety of rental properties to their portfolios! This listing is for a group of properties that are all located in Hopedale, OH. This listing of four parcels includes a duplex (one unit occupied, one vacant), a storage building with five rentable units, and one house (vacant). Please see the attached supplement titled “Commercial Multi-Listing Hopedale-Group A” for additional information on each of these properties. This portfolio of properties has the potential of bringing in $900/month gross rent / $10,800 gross annual income (once the vacant side of the duplex is occupied), with the additional value-add of one “handyman-special” house (131 E Main St) that could potentially generate an additional $500 per month, bringing the monthly gross income to $1,400 / gross annual income – $16,800. Or the house could be torn down and have a brand new home built on it! Any mineral rights will convey. PROPERTIES IN THIS LISTING: 116 W Main St. (Storage Building), 118 W Main St (Duplex), 131 E Main St (vacant house).

Financial

Seller Financing Available

  • Asking Price: $76,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:27,878
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A