660/682 Millborne RdWooster, OH 44691

Property Details for 660/682 Millborne Rd

Year built

1973

Property type

Residential income properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

Wooster

County

Wayne

State

Ohio

Latitude

40.8065

Longitude

-81.8245

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