545 E Mcconnel Avenue, Mcconnelsville, OH 43756
- $289,900
- 8
- BD
- 4
- BA
- 3,300
- SqFt
- Sold Price
- $289,900
- List Price
- $289,900
- Status
- CLOSED
- Days on Market
- 159
- Closing Date
- Nov 05, 2025
- MLS#
- 5123896
- Subtype
- Residential Income
- Year Built
- 1967
- Bedrooms
- 8
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 3,300
- Acres
- 0.28
- Subdivision
- Goddards Add
- Neighborhood
- Goddards Add
- MLS Area Major
- Morgan Twp
Property Description
Great Investment Opportunity! Fully Rented, Turnkey Brick Apartment Building – 7.66% % 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, located at 545 E. McConnell Ave., is in excellent condition and offers three spacious, fully rented units with a 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 7.66% 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
- Exterior Features
- Balcony
- Taxes
- $3,205
- Appliances
- Dryer, Range, Refrigerator, Washer
- Heating
- Forced Air, Gas
- Air Conditioning
- Central Air
- Stories
- 2
- Levels
- Two
- Roof
- Metal
- Parking Features
- Gravel, Off Street, On Street, Unpaved
- School District
- Morgan LSD - 5801
- View
- City
Listing Courtesy of: Cinda Erickson, CindaSellsOhio@gmail.com With Berkshire Hathaway HomeServices Professional Realty
Selling Office: Town & Country.Mortgage Calculator
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