For Sale
$300,000

660/682 Millborne RdWooster, OH 44691

Five-unit property, strong cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents a five-unit multifamily property located at 660/682 N Millborne Road, Wooster, Ohio, 44691. The property, built in 1973, sits on a generous 57,499.2 square foot lot and is comprised of four mobile homes and one single-family residence. Currently generating an annual gross income of $39,000, this property offers a compelling return on investment. The asking price is $300,000, translating to a price per square foot of $69.25. The property's composition includes a mix of housing types, providing diversification within the investment. Significant updates have been completed within the past year, enhancing the property's value and appeal. The seller covers trash removal. Mobile home titles will transfer at closing. This property is ideal for investors seeking a cash-flowing asset with potential for future appreciation. The property's location in Wooster, Wayne County, Ohio offers convenient access to local amenities and services. This is a rare opportunity to acquire a well-maintained, income-producing multifamily property in a desirable location. Don't miss out on this chance to add a solid investment to your portfolio.

Highlights

  • Five-unit multifamily property in Wooster, OH, on a 57,499.2 sq ft lot.
  • Built in 1973, comprising four mobile homes and one single-family residence.
  • $39,000 annual gross income; $300,000 asking price ($69.25/sq ft).
  • Significant recent updates; seller pays trash; mobile home titles transfer at closing.

Property Details for 660/682 Millborne Rd

Property type
Apartment buildings, Small apartment buildings
Year Built
1973
Units
5

Location Insight

City
Wooster
County
Wayne
State
Ohio
Latitude
40.8065239
Longitude
-81.8244634
660/682 Millborne Rd, Wooster, Ohio

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660/682 Millborne Rd
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