7749 County Road 40Galion, OH 44833

Property Details for 7749 County Road 40

Year built

2000

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This exceptional investment opportunity presents a five-unit multifamily property situated on a spacious 1.79-acre lot in Galion, Ohio. The property comprises three buildings, offering a mix of rental units with varying levels of renovation. One unit within a three-unit building has undergone a complete remodel, boasting modern amenities including a high-efficiency mini-split heat pump for climate control. Another unit is ready for a buyer's personal touch, having been fully gutted and awaiting renovation. The remaining three units are also available. Built in 2000, this property is served by a well and septic system, with a water softener maintained by a third-party service. All units are equipped with air conditioning. The property's location at 7749 County Road 40, Galion, OH 44833, offers convenient access to local amenities and services. With a total lot size of 77,972.4 square feet, this property presents a significant opportunity for an investor seeking a multi-unit rental portfolio with potential for value appreciation through further renovations and property management. The asking price is $249,950, translating to $129.91 per square foot. This is a turnkey opportunity for an investor looking to add to their portfolio.

Location Insight

City

Galion

County

Morrow

State

Ohio

Latitude

40.7141

Longitude

-82.7994

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