175 Benedict Ave Norwalk, OH 44857

This exceptional mixed-use property at 175 Benedict Avenue in Norwalk, Ohio presents a compelling investment opportunity. The 5,292 square foot building sits on a 0.65-acre lot and offers a blend of commercial and residential space, generating substantial rental income. The commercial portion consists of an established school with three offices and one bathroom, currently leased for $2,500 per month under a lease extending through 2026. This provides immediate and consistent cash flow for the investor. Upstairs, a three-bedroom, two-bathroom apartment offers additional income potential, currently renting for $1,250 per month. The apartment includes convenient washer and dryer hookups. Recent significant improvements enhance the property's value and reduce maintenance concerns. The roof is approximately six months old, and the siding was replaced within the last year. Ample parking is available on the property, a significant advantage in a busy commercial area. This property is ideally situated on the south side of Norwalk, offering excellent visibility and accessibility. The combination of stable commercial lease income and consistent residential rental income makes this a truly attractive investment opportunity. The property's recent upgrades further solidify its value and potential for long-term growth. This is a rare chance to acquire a well-maintained, income-producing property in a desirable location.