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545 E Mcconnel Avenue, 
Mcconnelsville, OH 43756

$299,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Cinda D Erickson

Berkshire Hathaway Hs Pro Rlty

614-499-5406

Last updated:

June 6, 2025, 02:54 PM

MLS#

225019134

Source:

OH CBR

About This Home

545 E Mcconnel Avenue

Great Investment Opportunity! Fully Rented, Turnkey Brick Apartment Building - 7% Cap Rate Don't miss this rare chance to own a well-maintained, income-producing property in the heart of McConnelsville! This solid brick apartment building at 545 E McConnel Ave is in excellent condition and offers three spacious, fully rented units with strong rental history and zero downtime during recent turnovers. Property Features:*Unit 1:* 2 bed / 1 bath * Unit 2:* 2 bed / 1 bath *Unit 3:* 4 bed / 2 bath - potential to convert into two separate units for increased income. On-site laundry in every unit * Generous storage throughout * Outdoor porches and upper-level balcony for added charm and tenant appeal This property has been expertly maintained and boasts steady occupancy with high demand. With a 7% cap rate, immediate cash flow, and future upside by converting Unit 3 into two apartments, this is an ideal addition to any investor's portfolio. Schedule a showing today and seize this incredible opportunity! This is the kind of rental investors look for: clean numbers, reliable tenants, and a great area. Don't miss out.

Home Facts

Multi-Family

Built in 1967

Price Summary

299,000

MLS #:

225019134

Last Updated:

June 6, 2025, 02:54 PM

Added:

15 day(s) ago


Structure

Structure

Year Built:

1967


Lot

Lot Size (Sq. Ft):

12,196


Finances & Disclosures

Finances

Price:

$299,000

Source:OH CBR
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Coldwell Banker Quest shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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