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Listed price in listed location currency (USD).
$269,000

000

MLS® 5205857

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage 
HOA Fees 
Taxes $3,007
Days Active 11
Approx. Age 1957
MLS® Number 5205857

Property Address: 1901 Clark Ave, Wellsville, OH, 43968-1067

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Investment Opportunity in Wellsville Ohio! If you’ve been searching for a solid, income-producing property with upside potential, this apartment complex delivers. Situated in Wellsville this well-maintained brick building offers durability, low maintenance, and strong rental appeal. The property features a total of 7 units, including 6 studio apartments and 1 one-bedroom unit, all under one roof. The one-bedroom apartment is currently rented at $775/month, while studio units are bringing in $650/month, with room for future rent optimization. In addition, there is a mobile home located at the rear of the property generating $175/month in lot rent—adding another stream of income. Several units are already occupied, providing immediate cash flow, while the remaining units offer an opportunity to increase revenue as they are leased. Utilities are landlord-paid, with average monthly expenses of approximately $100 for trash, $100 for water, $300 for electric, and $150 for gas—keeping operating costs predictable and manageable. The building itself is in excellent condition, showcasing a strong brick structure that enhances long-term value and minimizes exterior maintenance concerns. Whether you're looking to expand your portfolio or step into multifamily investing, this property offers stability, income, and growth potential all in one package. Don’t miss your chance to own a versatile investment property with multiple income streams!
MLS® Number5205857
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1957
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 1, 2026List Date
$269,000List Price
May 1, 2024End Date
$225,000Sold Price

Sold

Nov 26, 2024List Date
$225,000List Price
  • Commute

Commute

Starting Address
Destination Address
1901 Clark Ave, Wellsville, OH

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