101 & 107 N Main Street Save Request In-Person Tour Request Virtual Tour
New Madison,OH 45346
Key Details
Sold Price $566,3751.5%
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1036443
Sold Date
Bedrooms 19
Full Baths 11
Year Built 1906
Annual Tax Amount $5,066
Tax Year 2024
Lot Dimensions .24
Property Description
This is a one of a kind opportunity. TWO buildings on 2 separate parcels that have ELEVEN (11) FULLY OCCUPIED apartments AND a PUBLIC LAUNDROMAT. This is a perfect opportunity for immediate cash-flow. Building #1 The Bloom Building: she is a BRICK beauty and takes up almost half a city block with over 8,350 square feet, this building includes 9 apartments. The first floor apartments all have exterior entrances , second floor apartments are located off of a wide, center hall, with a low-incline grand staircase at the front & a second staircase at the rear. 4,176 sq ft BASEMENT with an abundance of possibilities. Don't miss the amazing Bank Vault down there! 100% OCCUPIED and does not have a problem filling vacancies when they occur. Many LONG-TERM tenants. Two parcels that you could separate down the road should you choose to. Building #2: Two, 2 bedroom apartments on upper level with public laundromat on ground floor. The 11 apartments combined with the public laundromat present a lucrative investment opportunity with One 3 bedroom, Seven 2 bedroom, Two 1 bedroom, One studio/efficiency.
Location
State OH
County Darke
Area 570 Darke County
Rooms
Basement Full,Walkout,Partially Finished
Interior
Heating Baseboard,Natural Gas,Hot Water,Electric
Exterior
Exterior Feature Brick,Wood Siding
Parking Features No Garage
Building
Sewer Public Sewer
Water Other
Schools
School District 1906 Tri-Village Lsd
Others
Financing Cash,Conventional