For Sale
$149,000

419 Spring StPiqua, OH 45356

Two-unit building, high rental income, downtown proximity.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 419 Spring Street in Piqua, Ohio, presents a compelling investment opportunity. The building comprises two units: a remodeled two-bedroom first-floor apartment currently renting for $935 per month, and a second-floor unit renting for $600 per month. Both units are fully occupied, generating consistent rental income. Recent improvements to the first-floor unit include a complete remodel, featuring a new deck and back porch, a new shower surround, fresh paint, and updated flooring. The property's sewer drain underwent professional repair, with a liner installed by CPR Pipes to address hairline cracks discovered during a previous inspection. This well-maintained building is conveniently situated within easy reach of downtown Piqua, offering tenants convenient access to local amenities and businesses. The asking price for this attractive investment is $149,000. The property is classified as multifamily, office, and mixed-use, encompassing apartment building, traditional office, and creative office subtypes. This presents a versatile opportunity for investors seeking a blend of residential and commercial income streams in a thriving Ohio community. The property's zip code is 45356, and it's located in Miami County.

Highlights

  • Mixed-use property at 419 Spring Street, Piqua, OH 45356 (Miami County).
  • Two units: a remodeled 2-bedroom apartment ($935/month) and a second-floor unit ($600/month), both currently occupied.
  • Recent improvements include a first-floor remodel (new deck, porch, shower, paint, flooring) and sewer line repair.
  • Asking price: $149,000.
  • Convenient downtown Piqua location.

Property Details for 419 Spring St

Property type
Office properties, Office space
Units
2

Location Insight

City
Piqua
County
Miami
State
Ohio
Latitude
40.1504114
Longitude
-84.2380465
419 Spring St, Piqua, Ohio

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419 Spring St
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