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618 W 57th St

13 Unit Block of Flats £685,387 (£52,722/Unit) Ashtabula, OH 44004

Executive Summary

Thirteen Income Producing Properties For Sale! All single family homes in close proximity. All properties are occupied with good rental income. Tenants pay all utilities including water, sewer and trash. Tenants also pay for landscaping and snow removal, and the tenants supply kitchen appliances as well as the washer and dryer. Many of the properties have passed recent city inspections, and others are waiting to be inspected. Roofer has verified all roofs and gutters are in good condition. Properties currently bring in $11,275 per month with room to improve. Taxes and insurance total $1220 per month. Tenants pay by direct deposit. Security deposits on all tenants. Some tenants have paid the last month of their lease upfront as well. Financials to be provided with proof of funds. This property is available to be viewed. The other 12 properties to be viewed after accepted offer. Seller may consider a Lease Purchase Option with a sizeable down payment. Fantastic investment!

Property Facts Under Contract

Price £685,387
Price Per Unit £52,722
Sale Type Investment
No. Units 13
Property Type Residential
Property Subtype Apartment
Apartment Style Single Family Home
Building Class C
Lot Size 0.10 AC
Building Size 1,088 SF
Number of Floors 2
Year Built 1920

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Listing ID: 28602759

  • Date on Market: 29/05/2023

  • Last Updated:

  • Address: 618 W 57th St, Ashtabula, OH 44004

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