For Sale
$114,000

595 Universal Ave Marion, OH 43302

Two-unit apartment building, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a well-maintained, two-unit apartment building located at 595 Universal Avenue in Marion, Ohio. Built in 1942, this property boasts a desirable location and sits on a sizable 6,534 square foot lot. Each unit mirrors the other, offering a comfortable layout with two bedrooms and one full bathroom. Residents enjoy the convenience of in-unit washer and dryer hookups in the basement. The exterior features attractive vinyl siding and updated replacement windows, minimizing maintenance needs. Off-street parking is provided for residents. Currently operating at 100% occupancy, this duplex presents a strong cash flow potential. The asking price is $114,000, translating to a price per square foot of $71.25. This property is an ideal addition to any investor's portfolio, offering a blend of solid returns and low-maintenance operation in a thriving Ohio community. The property's zip code is 43302. This is a rare opportunity to acquire a well-maintained multi-family property in a desirable location. Don't miss out on this chance to secure a profitable investment.

Highlights

  • Well-maintained two-unit apartment building in Marion, OH.
  • Located at 595 Universal Avenue on a 6,534 sq ft lot.
  • Each unit features two bedrooms and one bath with in-unit laundry hookups.
  • Exterior boasts vinyl siding, updated windows, and off-street parking.
  • Currently 100% occupied, offering strong cash flow potential.
  • Asking price: $114,000 ($71.25/sq ft).

Property Details for 595 Universal Ave

Property type
Apartment buildings, Small apartment buildings
Year Built
1942
Units
2

Location Insight

City
Marion
County
Marion
State
Ohio
Latitude
40.5986006
Longitude
-83.1350491

FAQs

What type of property is this?
Apartment building - Two-unit apartment building, 100% occupied.
Where is the apartment building located?
The property is located at 595 Universal Ave Marion, OH.
What is the asking price?
The asking price for this property is $114,000.
What are key features of this property?
This property features: Well-maintained two-unit apartment building in Marion, OH.; Located at 595 Universal Avenue on a 6,534 sq ft lot.; Each unit features two bedrooms and one bath with in-unit laundry hookups.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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595 Universal Ave
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