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1901 Clark Avenue, Wellsville, OH 43968 | MLS ID 5205857 - Hardcastle Realty
Columbiana County OH homes for sale
Salem OH homes for sale
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$269,000

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Turnkey Investment Opportunity in Wellsville Ohio! If you've been searching for a solid, income-producing property with upside potential, this apartment complex delivers. Situated in Wellsville this well-maintained brick building offers durability, low maintenance, and strong rental appeal. The property features a total of 7 units, including 6 studio apartments and 1 one-bedroom unit, all under one roof. The one-bedroom apartment is currently rented at $775/month, while studio units are bringing in $650/month, with room for future rent optimization. In addition, there is a mobile home located at the rear of the property generating $175/month in lot rent?adding another stream of income. Several units are already occupied, providing immediate cash flow, while the remaining units offer an opportunity to increase revenue as they are leased. Utilities are landlord-paid, with average monthly expenses of approximately $100 for trash, $100 for water, $300 for electric, and $150 for gas?keeping operating costs predictable and manageable. The building itself is in excellent condition, showcasing a strong brick structure that enhances long-term value and minimizes exterior maintenance concerns. Whether you're looking to expand your portfolio or step into multifamily investing, this property offers stability, income, and growth potential all in one package. Don't miss your chance to own a versatile investment property with multiple income streams!

Information
Address:
 <map>
1901 Clark Avenue
Wellsville, OH 43968
Subdivision:  Nicholson
Area/School Dist:  Columbiana
MLS ID:  5205857
Status:  Active






Features
Taxes: $3,007 / year
Lot Size: 0.11 Acres
Heating: Forced Air,Gas
Cooling: Wall Unit(s)
Year Built: 1957
Water: Public
Sewer: Public Sewer
Parking: Common
Parcel#: 8401743000


School Information
School District: Wellsville Local


Mortgage Information


Agency/Agent Information
Shown By:
  Agency Name: Hardcastle Realty
  Agency Phone: 330-426-6600

Listed By
   Keller Williams Chervenic Rlty
  Agency Phone: 330-967-4300

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