301 Vine StMount Vernon, OH 43050

Property Details for 301 Vine St

Year built

1931

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This charming 1931 two-unit apartment building, located at 301 E Vine Street in Mount Vernon, Ohio, presents a fantastic investment opportunity. Situated on a 5,662.8 square foot lot, this property offers two vacant units, allowing for immediate customization and rent optimization. The first floor unit boasts one bedroom, a full bath, a kitchen, a spacious dining room with built-ins, a large living room, a sunroom, and an enclosed rear porch. Upstairs, the second unit features one bedroom, a full bath, a living room, a kitchen, and a covered porch. The property's convenient location near downtown Mount Vernon, schools, and a park enhances its appeal. Previously rented at lower rates, this property offers significant potential for increased rental income. The seller has recently completed some repairs, making this a move-in ready investment. Cash or conventional financing is required. The asking price is $245,900, with a price per square foot of $115.23. This is a rare opportunity to acquire a well-located, two-unit building with immediate upside potential in a desirable Ohio community. Don't miss out on this chance to add a valuable asset to your portfolio.

Location Insight

City

Mount Vernon

County

Knox

State

Ohio

Latitude

40.393

Longitude

-82.4892

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