216 Main Street

    Conneaut, OH 44030
    • $599,900
    • STATUS: Active
    • ON SITE: 75 days
    • MLS #: 4176382
    $599,900
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,638
      SQFT
    • $47
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1940
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Assured Real Estate.
    Listing information © 2020 YES-MLS.

    Description

    Completely remodeled from top to bottom with excellent rental income with long term leases. There are 4 commercial units with rent increases built into the lease. Each unit pays their own electric. The owner pays for heat, water and sewer. Annual income is approx. $70,000 less utilities paid by the seller. There is street parking plus a paved parking lot adjacent to the property. This is a well maintained property and is a great investment opportunity. There is a 20 x 30 storage unit that could be converted to another rental unit. The basement is built as a bomb shelter and the walls are 3' and 6' wide. This is also a great place for extra storage. The alley in the back of the building is used for access for this building and Dollar Genera which is shared by both parties. The tenants are long term leases. Proof of funds prior to showings, Seller will provide copies and leases and financials on the property subject to an accepted offer.

    Monthly Payment Calculator

    Listing information © 2020 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 Howard Hanna 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 2020-06-02T00:08:14.47.
    www.clevelandhomefinder.com/homes/104278648

    216 Main Street Conneaut, OH 44030

    • Price: $599,900
    • Status: Active
    • MLS #: 4176382
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    12,638
    SQFT
    $47
    $/SQFT
    1940
    Built
    Neighborhood:
    Conneaut
    County:
    Ashtabula
    Area:
    Conneaut
    Property Description
    Completely remodeled from top to bottom with excellent rental income with long term leases. There are 4 commercial units with rent increases built into the lease. Each unit pays their own electric. The owner pays for heat, water and sewer. Annual income is approx. $70,000 less utilities paid by the seller. There is street parking plus a paved parking lot adjacent to the property. This is a well maintained property and is a great investment opportunity. There is a 20 x 30 storage unit that could be converted to another rental unit. The basement is built as a bomb shelter and the walls are 3' and 6' wide. This is also a great place for extra storage. The alley in the back of the building is used for access for this building and Dollar Genera which is shared by both parties. The tenants are long term leases. Proof of funds prior to showings, Seller will provide copies and leases and financials on the property subject to an accepted offer.
    Exterior Features

    Fencing Masonry Levels One Roof Rubber

    Interior Features

    Basement FullUnfinished Basement YN Yes Building Area Total 12638 Cooling Central Air Cooling YN Yes Heating Forced AirGas Heating YN Yes

    Property Features

    Above Grade Finished Area 12638 Insurance Expense 88 Lease Considered YN No Listing Terms Cash Owner Pays GasHeatSewerTrash CollectionWater Ownership Resident Property Sub Type Retail Sewer Public Sewer Tax Annual Amount 3306 Tenant Pays Electricity Township Conneaut City Trash Expense 90 Water Sewer Expense 70 Water Source Public Year Built Details Actual Ybt

    Listing information © 2020 YES-MLS.
    Listing provided courtesy of Assured Real Estate.
    Listing information © 2020 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 Howard Hanna 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 2020-06-02T00:08:14.47.
     
    Howard Hanna
    8396 Mentor Ave.
    Mentor OH, 44060
    Listing courtesy of Assured Real Estate.
    Listing information © 2020 YES-MLS.