For Sale
$199,900

775 Bennett StMarion, OH 43302

High-yield triplex, renovated 2021.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional three-unit apartment building, located at 775 Bennett Street in Marion, Ohio, presents a compelling investment opportunity. Built in 1910 and extensively renovated in 2021, this property sits on a 4,791.6 square foot lot and offers a mix of spacious living spaces. The building comprises one three-bedroom unit and two two-bedroom units, all currently occupied and generating a combined monthly income of approximately $2,300. The asking price is $199,900, translating to a price per square foot of $67.90. This translates to a strong return on investment, given the relatively low operating expenses. The property's location in Marion, Ohio, within the 43302 zip code, offers convenient access to local amenities and services. The 2021 renovation ensures the units are in excellent condition, minimizing the need for immediate capital expenditures. This turnkey investment is ideal for both seasoned and aspiring real estate investors seeking a stable and profitable addition to their portfolio. The property's strong rental history and current occupancy rates further enhance its appeal. This triplex represents a rare opportunity to acquire a well-maintained, income-generating property in a desirable location.

Highlights

  • $199,900 asking price for this three-unit multifamily property.
  • Three-unit apartment building (triplex) located at 775 Bennett Street, Marion, OH 43302.
  • $67.90 price per square foot.
  • Built in 1910, renovated in 2021.
  • 4,791.6 square foot lot.

Property Details for 775 Bennett St

Property type
Apartment buildings, Small apartment buildings
Year Built/Renovated
1910/2021
Units
3

Location Insight

City
Marion
County
Marion
State
Ohio
Latitude
40.5856377
Longitude
-83.1467279
775 Bennett St, Marion, Ohio

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775 Bennett St
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