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Property Description

Great Investment Opportunity! Fully Rented, Turnkey Brick Apartment Building – 7.66% % CAP Rate

Don’t miss this rare chance to own a well-maintained, income-producing property in the heart of McConnelsville! This solid brick apartment building, located at 545 E. McConnell Ave., is in excellent condition and offers three spacious, fully rented units with a strong rental history and zero downtime during recent turnovers.

**Property Features:**

* **Unit 1:** 2 bed / 1 bath
* **Unit 2:** 2 bed / 1 bath
* **Unit 3:** 4 bed / 2 bath – *potential to convert into two separate units for increased income*
* On-site laundry in every unit
* Generous storage throughout
* Outdoor porches and upper-level balcony for added charm and tenant appeal

This property has been expertly maintained and boasts steady occupancy with high demand. With a 7.66% CAP rate, immediate cash flow, and future upside by converting Unit 3 into two apartments, this is an ideal addition to any investor’s portfolio.

Schedule a showing today and seize this incredible opportunity! This is the kind of rental investors look for: clean numbers, reliable tenants, and a great area. Don’t miss out.

Features
: Gas, Forced Air
: Central Air
: City
: Off Street, On Street, On Street, On Street, Unpaved, Gravel
: Balcony
: Refrigerator, Dryer, Range, Washer
: Balcony
Address Map
OH
Morgan
Mcconnelsville
43756
Mcconnel
545
Avenue
43756
W82° 9' 9.8''
N39° 38' 45.1''
West
E
Property Details
Active Under Contract
Berkshire Hathaway HomeServices Professional Realty
Cinda Erickson
2005015767
20228
140-007-750-0
: Metal
: Public Sewer
2
2
: Brick
: Public
$3,205
31/05/2025 11:54:30
No
No
No
No

545 E Mcconnel Avenue, Mcconnelsville, Ohio 43756

Residential Income For Sale

4 Bathrooms
3,300 Sqft
$289,900
Listing ID #5123896
Basic Details
Property Type : Residential Income
Property Sub Type : Triplex
Levels : Two
Listing Type : For Sale
Listing ID : 5123896
Price : $289,900
Rooms : 16
Bathrooms : 4
Square Footage : 3,300 Sqft
Year Built : 1967
Lot Area : 0.28 Sqft
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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