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770 Chestnut Street

Conneaut, OH 44030
  • $1,200,000
  • STATUS: Contingent
  • ON SITE: 70 Days
  • MLS #: 4356479
Under Contract
UPDATED: 138 min ago
$1,200,000
  • 0
    BEDS
  • 5.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,020
    SQFT
  • $67
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1973
County:
Area:

School Ratings & Info

Listing courtesy of Keller Williams Grt Cleve Ne.
Listing information © 2022 YES-MLS.

Description

Fuller Apartments has been owned and operated by a proven ownership group with a strong history of operations within the multifamily asset class. The property has been consistently 100% occupied with stable long-term tenants. New ownership can take immediate action to generate additional NOI at currentmarket property management rates. As the entirety of the property is currently zoned R-2, it may be possible to add additional rental units. It is highly encouraged for any prospective buyer to conduct their own thorough due diligence.

Monthly Payment Calculator

Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Tammy Grogan and Associates at Keller Williams Chervenic Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-05-27T00:16:12.63.
www.tammygrogan.com/homes/126800039
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770 Chestnut Street Conneaut, OH 44030

  • Price: $1,200,000
  • Status: Contingent
  • On Site: 70 Days
  • Updated: 138 min ago
  • MLS #: 4356479
0
Beds
0
Baths
0
½ Baths
5.69
Acres
18,020
SQFT
$67
$/SQFT
1973
Built
Neighborhood:
Conneaut
County:
Ashtabula
Area:
Conneaut
Property Description
Fuller Apartments has been owned and operated by a proven ownership group with a strong history of operations within the multifamily asset class. The property has been consistently 100% occupied with stable long-term tenants. New ownership can take immediate action to generate additional NOI at currentmarket property management rates. As the entirety of the property is currently zoned R-2, it may be possible to add additional rental units. It is highly encouraged for any prospective buyer to conduct their own thorough due diligence.
Exterior Features

Levels One Parking Features On SitePrivate Parking Total 40 Roof AsphaltFiberglassPitched

Interior Features

Basement None Basement YN No Building Area Total 18020 Cooling Wall Unit(S) Cooling YN Yes Heating GasHeat Pump Heating YN Yes

Property Features

Above Grade Finished Area 18020 Current Use Multi-Family Insurance Expense 6188 Lease Considered YN No Listing Terms CashConventional Net Operating Income 85166 Owner Pays GasSewerTrash CollectionWater Ownership Principal/Nr Property Sub Type Apartment Sewer Public Sewer Tenant Pays Cable TvElectricity Township Conneaut City Trash Expense 3645 Water Sewer Expense 8311 Water Source Public Year Built Details Actual Ybt

Listing information © 2022 YES-MLS.
Listing provided courtesy of Keller Williams Grt Cleve Ne.
Listing information © 2022 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Tammy Grogan and Associates at Keller Williams Chervenic Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2022-05-27T00:16:12.63.
 
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Tammy Grogan and Associates at Keller Williams Chervenic Realty
3333 Massillon Rd. Suite 10
Akron OH, 44312
Listing courtesy of Keller Williams Grt Cleve Ne.
Listing information © 2022 YES-MLS.