216 Main Street, Conneaut, OH 44030

$399,990
3,696
SqFt
List Price
$399,990
Status
ACTIVE
MLS#
YES-MLS-4205220
Year Built
1940
Living Area
3,696
Region
Conneaut
Subdivision / Building
Conneaut

Property Description

Completely remodeled from top to bottom with excellent rental income with long term leases, There are 4 commercial units with rent increases built into the leases. Each unit pays their own electric. Owner pays for heat, water and sewer. Annual income is approx. $70,000 less utilities paid by seller. There is street parking plus a paved parking lot adjacent to the property, This is a well maintained property and is a great investment opportunity. There is a 20 xx 30 storage unit that could be converted to another rental unit. The alley in the back of the building is used for access to this building and Dollar General which is shared by both parties. The basement is built like a bomb shelter with walls 3' to 6' depth. Seller will provide copies of leases and financials on the property subject to an accepted offer.

Additional Information

Taxes
$3,306
Acres
0.15
Sewer
Public Sewer
Roof
Rubber
Water
Public
Heating
Forced Air, Gas
Cooling
Central Air

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Assured Real Estate.

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