Listed By
Agency Name: Wendt Key Team Realty
Shown By
Agent Name: Leah Ackerman
Agent Phone: (614) 306-5050
Agency Title: Cutler Real Estate
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Property Description
BEAUTIFUL BRICK 5-UNIT APARTMENT BUILDING IN THE HEART OF TOWN! All five units are 1-bedroom, 1-bath apartments with refrigerators and stoves that stay. Four of the units are currently rented. Current rents for those four total $2,950. The vacant apartment is being advertised for rent at $900 a month, so potential gross monthly rental income is $3,850. Extra income of between $300-$400 a month is generated by a coin-operated washer and dryer, which stay. Electric, water, gas, water, sewer and trash all covered by landlord. Electric is capped at $100 per unit per month; tenants take care of overage. Window AC units are taken in and out by current owner, and those stay. Other updates done in recent years include new electric and new plumbing and the bathrooms all remodeled. Also, a new boiler in 2025! Since 2004, the upper and lower roofs have been replaced with metal standing-seam roofs. The small bump-out roofs are rubber. EXCELLENT INVESTMENT OPPOTURNITY!
Property Features
Property Type: Multi Unit - Multiple
Days on Market: 8
Fuel Type: Gas
Heating: Hot Water
Home Style: Victorian
Lot Size: 0.15 Acres
Taxes: $1,592
Year Built: 1900
Amenities
Dryer
Range
Refrigerator
Washer
Feature Descriptions
Exterior: Brick
Lot Dimensions: 0.1498 Acre(s)
Sewer: Public Sewer
Water: Public
Local Schools
School District: Tiffin
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Estimated Payment
$ 2,054.93 per month $1,827.62 Principal & Interest $132.67 Property Tax $94.65 Homeowner's InsuranceChange Payment Information
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15 Adams Street | MLS# 20264226
This multi-family property located at 15 Adams Street, Tiffin, OH 44883 is currently listed for sale with an asking price of $324,500. Adams Street is located within the Tiffin school district. Search Tiffin real estate on www.leahackerman.com today.