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124 E Main Street, Plain City, OH 43064 124 E Main St

5 Unit Apartment Building $1,137,458 CAD ($227,492 CAD/Unit) Plain City, OH 43064

Executive Summary

This property in Plain City is an excellent investment opportunity, featuring two 3-bedroom apts, two 2-bedroom apts, and an additional 2-bedroom unit above the garage. It's conveniently located at the corner of Main & Main, within walking distance to local amenities. The property includes off-street parking and has a newer roof installed in 2015, although it does need updates throughout. All current tenants are on mo-to-mo leases at below market rents, providing potential for increased income with renovations and adjustments to rental rates. Lots of great stuff happening in Plain City. Across Main St is the new Clocktower cocktail/restaurant and coming soon is an historic train depot with community park called the Public Square. This property is in the heart of it curb offers only!

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Price $1,137,458 CAD
Price Per Unit $227,492 CAD
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low Rise
Building Class C
Lot Size 0.33 AC
Building Size 8,430 SF
No. Stories 2
Year Built 1940
Parking Ratio 0.92/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Walk-Up
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-00161.000
Land Assessment
$19,581 CAD
Improvements Assessment
$64,715 CAD
Total Assessment
$84,296 CAD
  • Listing ID: 33356734

  • Date on Market: 2024-09-30

  • Last Updated:

  • Address: 124 E Main St, Plain City, OH 43064

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