4823 Dunsmore Avenue, Ashtabula, OH 44004

Property Description

Opportunity for investors or owner-occupants! This single-story triplex offers a unique combination of existing rental income and flexibility, with two units currently occupied and a vacant one-bedroom unit ready for its next tenant or an owner-occupant. The property features approximately 2,576 square feet per county records, with three separate units, private entrances, individual off-street parking and separate gas forced-air heat. The layout includes two 2-bedroom/1-bath end units and a 1-bedroom/1-bath center unit, with each residence offering its own laundry/utility area and individual mechanicals. Tenants pay their own utilities and are responsible for lawn care and snow removal, helping keep owner-paid operating expenses limited. Current gross scheduled rental income is $28,380 annually. Built in 1980 and part of a long-held family rental portfolio, the property has been consistently maintained throughout that ownership while retaining straightforward, functional layouts and finishes. With all three residences on one level and no shared interior hallways, the property offers an uncomplicated setup for continued rental use. Whether you're looking to add an income-producing multifamily property to your portfolio or live in the vacant unit while collecting rent from the other two, 4823 Dunsmore offers an appealing opportunity. Property consists of three parcels. Floor plans are provided for reference; square footage is per county records.