7-unit property consisting of all two-bedroom, one-bath units. Gas, water/sewer/trash are covered by the landlord; tenants are responsible for electric. There are coin-operated washer and dryer units in the basement, along with individual storage units corresponding to each apartment. The property features updated electric services, boiler, and hot water heater installed in 2015 or later. Currently, 6 out of 7 units are occupied, with the vacant unit cleaned and ready for re-rental and currently being shown to prospective tenants. Apartments rent for $700 per month each. The current gross monthly rent roll is $4,200, soon increasing to $4,900. The property is located in downtown Steubenville, providing proximity to shopping, banking, restaurants, entertainment, and public transportation.
If you're looking to start or expand your investment portfolio, this property promises quick business growth.