Listed By
Agency Name: Keller Williams Legacy Group Realty
Agency Contact: tracywhaley@kw.com, 330-257-0829
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
12-Unit Multifamily Opportunity Marlington School District! This commercial property presents an excellent investment opportunity with all units designed as spacious two-bedroom, one-bathroom apartments. A notable feature of this property is that two out of the three buildings are equipped with coin-operated laundry facilities, which generate a supplementary income stream. Currently, the property offers full occupancy with a stable tenant base, ensuring consistent rental income. The existing rental rates are currently below the current market value, which creates a significant potential for increasing cash flow through market-rate adjustments. This property stands as a promising long-term investment. Call today for a private tour.
Property Features
Property Type: Commercial - Business
Basement: None
Cooling: None, Window Unit(s)
Days on Market: 29
Heating: Electric
Lot Size: 1.38 Acres
Roof Type: Metal
Taxes: $5,940 / year
Year Built: 1971
Feature Descriptions
Community Features: Laundry Facilities
Laundry: Coin-operated
Parcel#: 02801218
Parking: Carport, Driveway
Sewer: Public Sewer
Units: 12
Water: Public
Local Schools
School District: Marlington Local
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1310 Mishler Street NE | MLS# 5172196
This commercial property located at 1310 Mishler Street NE, Alliance, OH 44601 is currently listed for sale with an asking price of $870,000. Mishler Street NE is located within the Marlington Local school district. Search Alliance real estate on www.cutlercigroup.com today.