bonnigson

Properties

Property Description

INVESTORS TAKE NOTICE! 5-UNIT INCOME PROPERTY IN THE HIGHLY DESIRABLE EDISON SCHOOL DISTRICT!An excellent opportunity to acquire a 5-unit investment property in a peaceful rural setting within the sought-after Edison School District!INSTANT INCOME WITH VALUE-ADD POTENTIAL! Four of the five units are currently occupied, providing immediate rental income, while the vacant unit offers an opportunity for improvements and potential rent growth. With some cosmetic updates and strategic upgrades, there may be significant potential to increase rental income, build equity, and improve your overall return on investment.PROPERTY HIGHLIGHTS:*Five residential rental units*Four units currently occupied. No Section 8 tenants. *Three units are on month-to-month lease basis.*Desirable rural location in the Edison School District*Separate electric service for each unit*Shared water system and septic system*Septic system maintained by Franklin Sanitation*Opportunity to increase rental income through updates and improvements*Immediate income from existing tenantsUNIT CONFIGURATION:Unit A – First floor: $650 (6 months left on lease)Unit B – Upper level:EmptyUnit C – Upper level: $1000Unit D – Lower level: $1000Unit E – Front: $900SHOWING INFORMATION: The vacant unit is available for showings. To respect the privacy of existing tenants and minimize unnecessary disruptions, occupied units will be made available for viewing upon receipt of a Letter of Intent (LOI).THE OPPORTUNITY- Purchase an income-producing property with existing cash flow, make strategic improvements over time, and potentially enjoy increased rental income and long-term appreciation.Experienced investors know the money is often made by recognizing potential before everyone else does!*To respect tenants privacy there are no interior photos. Vacant Unit photos coming soon.*

Features
Waterfront:
No
Address Map
Country:
US
County:
Erie
City:
Milan
Zipcode:
44846
Street:
Old Mudbrook
Street Number:
13103
Street Suffix:
Road
Longitude:
E0° 0' 0''
Latitude:
N0° 0' 0''
MLS Addon
Office Name:
Berkshire Hathaway HomeServices Pro. - Sandusky
Agent Name:
Tarina M Sidoti
Property Subtype 1:
5-15 Units
Listing Agent MLS ID:
TSIDOTI
Listing Office MLS ID:
1705
Parcel ID:
5000028000
Area:
Milan
School System:
Edison

Multiple Units For Sale

13103 Old Mudbrook Road, Milan, 44846

3,930 Sqft
$299,000
Listing ID #20264281
Basic Details
Property Type :
Multiple Units
Listing Type :
For Sale
Listing ID :
20264281
Price :
$299,000
Square Footage :
3,930 Sqft
Year Built :
1920
Lot Area :
15,551 Sqft
Status :
Active
Agent info
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent