Listed By
Agency Name: Signature Real Estate
Agency Phone: 614-486-0101
Agent Name: Colby LeManton
Shown By
Agent Name: Christopher Rosen
Agent Phone: (614) 582-8833
Agency Title: Cutler Real Estate
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Property Description
Attention Investors and Owner-Occupants! This well-maintained duplex offers a fantastic opportunity for investors seeking steady rental income or for buyers looking to live in one unit while letting the other help pay the mortgage. The property features separate entrances for each unit and a fully fenced backyard, providing privacy and functional outdoor space.Each unit offers 3 bedrooms and 1 bathroom. Unit 1 is currently rented for $1,200 per month with a long-term tenant in place since 2015, providing reliable income from day one. Unit 2 is currently rented for $850 per month with potential for future rental upside. Key updates include a roof replaced in 2015, furnaces updated in 2022 and 2017, and hot water tanks replaced in 2014 and 2021. The owner currently pays sewer, which averages approximately $90 per month combined for both units, while tenants pay all other utilities.Seller is willing to assist with closing costs, and lenders with down payment assistance programs are available, making this a great opportunity for both seasoned investors and buyers looking to build equity while generating rental income. Please do not disturb tenants. Member of selling entity is a Licensed Real Estate agent.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Days on Market: 8
Heating: Forced Air
Lot Size: 0.09 Acres
Taxes: $992
Year Built: 1900
Feature Descriptions
Parcel #: 12-2050005.600
Utilities: Water Available, Natural Gas Available, Electricity Available, Storm Sewer
Local Schools
School District: MARION CITY
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Estimated Payment
$ 1,090.43 per month $950.92 Principal & Interest $82.67 Property Tax $56.85 Homeowner's InsuranceChange Payment Information
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389-391 Oak Street | MLS# 226007678
This multi-family property located at 389-391 Oak Street, Marion, OH 43302 is currently listed for sale with an asking price of $194,900. 389-391 Oak Street is located within the MARION CITY school district. Search Marion real estate on crosen.cutlerhomes.com today.