5411 Main Avenue Unit 1-19, Ashtabula, OH 44004

Property Description

Multi-property investment portfolio offered as a package deal in Ashtabula, OH. Sale to include 19 total rental units. The mix of properties is made up of one four-unit building, 1 duplex, and 13 single family homes. All are located within a close proximity to each other for easier management. Conservative Gross potential monthly rents of $16,125. Annual tax $12,170. Annual Insurance $5,800. Rent roll and improvements list available upon request. There have been substantial improvements made to these properties over the past 2 years & nearly all have been through the city inspection and occupancy certification process required for rentals in that timeframe. Currently, there are 4 intentional vacancies because each of those will also be listed individually. 3 out of 4 vacancies are rent-ready, so you have a chance to fill those immediately upon closing. The 4th needs some improvement before it can be rented. This portfolio can be split up if desired.