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Rental Package 321 Slack St 321 Slack St

16 Unit Block of Flats £429,565 (£26,848/Unit) 18.29% Net Initial Yield Steubenville, OH 43952

Executive Summary

AMAZING CASHFLOW OPPORTUNITY!!! ??
This 16-Unit Package is a true investment jackpot, featuring 3 duplexes, 1 triplex, 1 quadplex, and 3 single-family homes! Recent updates include new water heaters, furnaces, roofing, and 6 fully remodeled units—setting this property up for incredible growth. With 18%+ NET ROI and over $200K in value add potential after further improvements, this investment is a cash-flow machine with serious upside! Located just an hour from Pittsburgh, PA, and professionally managed, this property is ready to rocket your portfolio!
Financing available!

Attachments

Flyer 321 Slack Street, Steubenville, OH

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income £85,703 £4.92

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual £85,703
Annual Per SF £4.92

Property Facts

Price £429,565 Building Class C
Price Per Unit £26,848 Lot Size 0.40 AC
Sale Type Investment Building Size 17,424 SF
Net Initial Yield 18.29% Average Occupancy 94%
No. Units 16 Number of Floors 2
Property Type Residential Year Built 1920
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
 Parking Ratio 0.92/1,000 SF
Apartment Style Low Rise Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £429,565
Price Per Unit £26,848
Sale Type Investment
Net Initial Yield 18.29%
No. Units 16
Property Type Residential
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.40 AC
Building Size 17,424 SF
Average Occupancy 94%
Number of Floors 2
Year Built 1920
Parking Ratio 0.92/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
3+1 2 £469.47 -
2+1 4 £469.47 -
3+1 2 £528.15 -
3+1 2 £547.72 -
2+1 2 £449.91 -
2+1.5 1 £469.47 -
1+1 1 £684.64 -
2+1 2 £665.08 -

Links

1 of 1

PROPERTY TAXES

Parcel Number 07-02346-000 Improvements Assessment £1,758 (2023)
Land Assessment £288 (2023) Total Assessment £2,046 (2023)

PROPERTY TAXES

Parcel Number
07-02346-000
Land Assessment
£288 (2023)
Improvements Assessment
£1,758 (2023)
Total Assessment
£2,046 (2023)

zoning

Zoning Code MULTI-FAMILY
MULTI-FAMILY
(754) 251-0201

  • Listing ID: 33677042

  • Date on Market: 29/10/2024

  • Last Updated:

  • Address: 321 Slack St, Steubenville, OH 43952

The Residential Property at 321 Slack St, Steubenville, OH 43952 is currently available For Sale. Contact LOYD Realty for more information.

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© 2024 CoStar Group

Rental Package 321 Slack St | 321 Slack St
(754) 251-0201 x

Rental Package 321 Slack St | 321 Slack St

Chris Murray

(754) 251-0201

(754) 251-0201

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