775 Bennett StMarion, OH 43302

Property Details for 775 Bennett St

Year built

1910

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional three-unit apartment building, located at 775 Bennett Street in Marion, Ohio, presents a compelling investment opportunity. Built in 1910 and extensively renovated in 2021, this property sits on a 4,791.6 square foot lot and offers a mix of spacious living spaces. The building comprises one three-bedroom unit and two two-bedroom units, all currently occupied and generating a combined monthly income of approximately $2,300. The asking price is $199,900, translating to a price per square foot of $67.90. This translates to a strong return on investment, given the relatively low operating expenses. The property's location in Marion, Ohio, within the 43302 zip code, offers convenient access to local amenities and services. The 2021 renovation ensures the units are in excellent condition, minimizing the need for immediate capital expenditures. This turnkey investment is ideal for both seasoned and aspiring real estate investors seeking a stable and profitable addition to their portfolio. The property's strong rental history and current occupancy rates further enhance its appeal. This triplex represents a rare opportunity to acquire a well-maintained, income-generating property in a desirable location.

Location Insight

City

Marion

County

Marion

State

Ohio

Latitude

40.5856

Longitude

-83.1467

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