416 Adams Street, Steubenville, OH 43952

Property Description

Don’t miss this outstanding investment opportunity in the heart of downtown Steubenville! This property features 10 rental units, including 8 one-bedroom, one-bath apartments and 2 efficiency-style units with an open-concept layout combining the kitchen, bedroom, and bathroom. All leases are currently month-to-month, with rents ranging from $600 to $900 depending on the unit. Several long-term residents have been in place for up to seven years, providing stability and consistent occupancy. There is potential to increase revenue through rent adjustments or future property improvements. The building has seen multiple updates over the years. In 2020, newer doors and vinyl showers were installed. In 2019, a structural wall was added near the rear basement entrance, along with new concrete work and a chain-link fence. A new wooden staircase was constructed in 2024 to provide exterior access at the rear of the building. The seller has also updated the electrical system and installed new water heaters, enhancing the property’s overall functionality and efficiency. The first floor is currently utilized for storage and includes a bedroom with a full bathroom, offering additional flexibility and potential for expanded rental use. Contact an agent today to schedule a tour and for more information!!!