351 Prospect StMarion, OH 43302

Property Details for 351 Prospect St

Year built

1926

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This charming 1926 duplex located at 351 S Prospect Street in Marion, Ohio, presents a compelling investment opportunity. The property boasts a total of two units, offering immediate rental income potential. One unit features one bedroom and one bathroom, while the other unit offers two bedrooms and one bathroom. The two-bedroom unit is currently occupied by a tenant, generating immediate cash flow for the new owner. Situated on a sizable 4,791.6 square foot lot, this property offers ample space and potential for future development or upgrades. The asking price is $64,900, translating to a price per square foot of $36.79. This represents a strong value proposition in the Marion, Ohio market. The property's address is 351 S Prospect Street, Marion, OH 43302. This is a rare opportunity to acquire a well-located, income-producing property in a desirable area. The property's historical character adds to its unique appeal, offering a blend of charm and investment potential. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is zoned for multifamily use.

Location Insight

City

Marion

County

Marion

State

Ohio

Latitude

40.5834

Longitude

-83.1304

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