5425 Adams AVE, Ashtabula, OH 44004
5425 Adams AVE, Ashtabula, OH 44004
5425 Adams AVE, Ashtabula, OH 44004
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$582,000
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0.65 Acres Lot
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5425 Adams AVE Ashtabula, OH 44004

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Tyler

MLS Listing ID 5183560

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1902

Annual Tax Amount $4,870

Tax Year 2025

Lot Size 0.650 Acres

Acres 0.65

Property Sub-Type Apartment

Stories Two

Story Two

Property Description

This portfolio offers 5 single family homes within close proximity to one another in Ashtabula, Ohio. Two homes are currently vacant with one listed for sale individually and the other vacancy under renovation. Either could be easily rented, as rentals are in high demand in this market. (reno will be complete prior to sale). Three of the five homes have stable tenants in place providing consistent rental income. Conservative Gross monthly potential rents are $5,550 total. Each home has been nicely maintained and has had major improvements completed within the last couple of years. These are currently owner-managed properties. Leases are in place. Records have been nicely kept. Homes are all in compliance with Ashtabula City rental policy or Section 8 inspections. Offered at a per home price of $116,400 each, these are nicely below the average home price for the area of approx. $150K. See pricing breakdown of each home in the Offering Memorandum. Will sell individual or as a package.

Location

State OH

County Ashtabula

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Gas

Fireplace No

Exterior

Parking Features Driveway, Private

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Present Use Single Family

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Construction Status Updated/Remodeled

Schools

School District Ashtabula Area Csd - 401

Others

Tax ID 051170006500

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Northern Ohio Regional MLS (YES-MLS)
Listed by Shawni L Marich • Platinum Real Estate • shawni@thenovellagroup.com, 440-812-9493

NEARBY SCHOOL & BUSINESS

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Shawn Maynard

Shawn Maynard

Agent | OH & WV | License ID: 64_87

+1(304) 218-0936

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5425 Adams AVE