545 E McConnel Avenue, Mcconnelsville, OH 43756

$289,900

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Sold Price
$289,900
List Price
$289,900
Status
CLOSED
Days on Market
159
Closing Date
Nov 05, 2025
MLS#
225019134
Subtype
Multi-Family
Year Built
1967
Lot Size
12,196
Acres
0.28

Property Description

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.

Additional Information

Heating
Forced Air
Garage
On Street
School District
Morgan Lsd 5801 Mog Co.

Listing Courtesy of : Cinda D Erickson ---- Berkshire Hathaway HS Pro Rlty

Selling Office: NON MEMBER OFFICE.

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