1006 Stoney Springs Road
Vandalia, OH 45377

$380,000

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Listing Details

  • $380,000
  • MLS# 967864
  • Type Multi Unit - Multiple
  • Status Pending
  • 8
    Bedrooms
  • 4 full
    Bathrooms
  • 4,287
    Square Feet
  • 0.380 acres
    Lot Size
  • 1972
    Year Built
  • Vandalia-Butler
    Local Schools
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Local Information

Listed By

Agency Name: Styer Real Estate Professional
Agency Phone: (614) 505-2850

Shown By

Agency Title: Irongate Inc., Realtors - Commercial
Agency Phone:

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Home Value Estimate

Description

Strong value-add opportunity with newer mechanical systems already in place, giving investors a solid foundation and a quick path to repositioning. This 4-unit building in Vandalia is fully occupied with flexible tenants, allowing a buyer to transition units to vacancy quickly and begin updates right away. With the major systems already functioning well, investors can focus their capital on cosmetic improvements and immediately move rents toward current market levels of approximately $1,050 per unit.The property has been consistently rented, offering dependable baseline performance while providing clear upside through renovation and lease-up....read more

Features

  • Central
  • Natural Gas
  • $5,106 Taxes
  • Built in 1972
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Listed By

Agency Name: Styer Real Estate Professional
Agency Phone: (614) 505-2850

Shown By

Agency Title: Irongate Inc., Realtors - Commercial
Agency Phone:

IDX logo

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