2225 Machine Drive SE, New Philadelphia, OH 44663

$250,000

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Sold Price
$250,000
List Price
$309,900
Status
CLOSED
Days on Market
90
Closing Date
Jun 12, 2025
MLS#
5108253
Subtype
Commercial Sale
Year Built
1970
Acres
0.27
Subdivision
Town/Brightwood
Neighborhood
Town/Brightwood
MLS Area Major
Goshen Twp

Property Description

Investment opportunity! 7 unit brick apartment building. 7 one bedroom apartments with range and refrigerators included. Separate furnace and air per unit. Shared 80 gallon hot water heater. 3 units rent for $475 per month and 4 units rent for $500 per month. Each unit month to month with deposits. Heated lower level garage with room for 20+/- cars. 8 spaces in the garage are currently rented for $208 per month. Gross income on the property is $3,633+/- per month. Owner pays utilities with average of $436.24 for electric, $201.40 for gas, $110.25 for trash and $378.11 for water monthly. Good rental history.

Additional Information

Taxes
$2,482
Heating
Forced Air, Gas
Air Conditioning
Central Air
Roof
Asphalt
Parking Features
Attached Carport, Parking Lot, Unpaved
School District
Indian Valley LSD - 7904

Listing Courtesy of: Jan A McInturf, jan@mcinturfrealty.net With McInturf Realty

Selling Office: McInturf Realty.

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