Outstanding multi-family property that is positioned perfectly with easy access to US 24. The property is situated almost directly in-between Defiance, OH & Ft. Wayne, IN. This 10-unit complex has low vacancy and strong value-add features. Great cash flow with $57,300 in yearly income which could be improved! Standing Cap Rate is 10%...which could be improved! There are (3) triplexes and (1) SFD. ALL HVAC systems are modern and recently replaced. This package could be your opportunity for financial freedom. Property Management Services are available and fee recently reduced!
Off market
$511,700
2902 Road 250a, Antwerp, OH 45813
13beds
8baths
6,854sqft
MultiFamily
Built in 1979
-- sqft lot
$511,700 Zestimate®
$75/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 8
Interior area
- Total interior livable area: 6,854 sqft
Property
Parking
- Total spaces: 1
Lot
- Size: 2 Acres
Details
- Parcel number: 1132S00200 / 00201
- Zoning: Unknown
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Other, See Remarks, Septic Tank
Community & neighborhood
Location
- Region: Antwerp
Other
Other facts
- Exterior: Aluminum Siding, Vinyl Siding
- Heating Fuel: Gas
- Heating System: Forced Air
- Possession: Day Of Closing, Subject To Tenant Rights
- Roof: Asphalt
- Property Type: Multi-Family
- Unit 1 Efficiency: 0
- Unit 1 Furnished: 0
- Unit 2 Efficiency: 0
- Unit 2 Furnished: 0
- Unit 3 Efficiency: 0
- Unit 3 Furnished: 0
- Unit 4 Efficiency: 0
- Unit 4 Furnished: 0
- Unit 5 Efficiency: 0
- Unit 5 Furnished: 0
- Unit 6 Efficiency: 0
- Unit 6 Furnished: 0
- Unit 7 Efficiency: 0
- Unit 7 Furnished: 0
- Unit 8 Efficiency: 0
- Unit 8 Furnished: 0
- Sewer: Other, See Remarks, Septic Tank
- Water: Other, See Remarks
- Type: Multi-Family
- Design: Ranch/Single, Manufactured
- Miscellaneous: Open Porch, Stove & Refrigerator-All Units, Other-See Remarks
- Owner Expenses: Grounds Care, Trash Collection, Gas, Snow Removal, Electricity
- Tenant Expenses: Electricity, Cable TV, Gas, Deposit
- Type Of Lease: 12 Months, Month To Month
- Unit 1: 1 Bath, Range/Oven, Refrigerator, Smoke Detector
- Unit 2: 1 Bath, Range/Oven, Refrigerator, Smoke Detector
- Unit 3: 1 Bath, Range/Oven, Refrigerator, Smoke Detector
- Unit 4: 1 Bath, Range/Oven, Refrigerator, Smoke Detector
- Cooling System: Central, Separate Systems
- Parking/Garage: 1+ Space/Unit
- Foundation: Slab
- Parcel Number: 11-32s-002-00
- Zoning: Unknown
Services availability

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