407 Clinton Avenue, Steubenville, OH 43952

$335,000

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Sold Price
$335,000
List Price
$350,000
Status
CLOSED
Days on Market
125
Closing Date
Oct 26, 2024
MLS#
5047795
Subtype
Commercial Sale
Year Built
1930
Acres
0.07
Subdivision
Andrews Second Add
Neighborhood
Andrews Second Add
MLS Area Major
Steubenville

Property Description

7-unit property consisting of all two-bedroom, one-bath units. Gas, water/sewer/trash are covered by the landlord; tenants are responsible for electric. There are coin-operated washer and dryer units in the basement, along with individual storage units corresponding to each apartment. The property features updated electric services, boiler, and hot water heater installed in 2015 or later. Currently, 6 out of 7 units are occupied, with the vacant unit cleaned and ready for re-rental and currently being shown to prospective tenants. Apartments rent for $700 per month each. The current gross monthly rent roll is $4,200, soon increasing to $4,900. The property is located in downtown Steubenville, providing proximity to shopping, banking, restaurants, entertainment, and public transportation. If you're looking to start or expand your investment portfolio, this property promises quick business growth.

Additional Information

Taxes
$937
Heating
Other
School District
Steubenville CSD - 4104

Listing Courtesy of: James W Petrella, petrella11jay@yahoo.com With DeLuca Realty

Selling Office: Cedar One Realty.

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