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124 E Main Street, Plain City, OH 43064 124 E Main St

5 Unit Block of Flats £633,785 (£126,757/Unit) Plain City, OH 43064

Executive Summary

This property in Plain City is an excellent investment opportunity, featuring two 3-bedroom apts, two 2-bedroom apts, and an additional 2-bedroom unit above the garage. It's conveniently located at the corner of Main & Main, within walking distance to local amenities. The property includes off-street parking and has a newer roof installed in 2015, although it does need updates throughout. All current tenants are on mo-to-mo leases at below market rents, providing potential for increased income with renovations and adjustments to rental rates. Lots of great stuff happening in Plain City. Across Main St is the new Clocktower cocktail/restaurant and coming soon is an historic train depot with community park called the Public Square. This property is in the heart of it curb offers only!

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Price £633,785 Building Class C
Price Per Unit £126,757 Lot Size 0.33 AC
Sale Type Investment Building Size 8,430 SF
No. Units 5 Number of Floors 2
Property Type Residential Year Built 1940
Property Subtype
Apartment
  • Multifamily Dormitory
 Parking Ratio 0.92/1,000 SF
Apartment Style Low Rise
Price £633,785
Price Per Unit £126,757
Sale Type Investment
No. Units 5
Property Type Residential
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.33 AC
Building Size 8,430 SF
Number of Floors 2
Year Built 1940
Parking Ratio 0.92/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Walk-Up
  • Smoke Detector
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PROPERTY TAXES

Parcel Number 04-00161.000 Improvements Assessment £36,059
Land Assessment £10,910 Total Assessment £46,969

PROPERTY TAXES

Parcel Number
04-00161.000
Land Assessment
£10,910
Improvements Assessment
£36,059
Total Assessment
£46,969
(614) 314-5555

Contact

  • Listing ID: 33356734

  • Date on Market: 30/09/2024

  • Last Updated:

  • Address: 124 E Main St, Plain City, OH 43064

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© 2024 CoStar Group

124 E Main Street, Plain City, OH 43064 | 124 E Main St
(614) 314-5555 x

124 E Main Street, Plain City, OH 43064 | 124 E Main St

Martha Hunley

(614) 314-5555

(614) 314-5555

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