Description
Formerly a motel, this reimagined 9-unit ranch-style apartment community has been transformed into a turnkey investment opportunity designed for today's rental market. Situated on 2 level acres in a highly accessible Belpre location just off State Route 7, offering exceptional convenience for tenants commuting to Belpre, Marietta, Athens, and Parkersburg, with the West Virginia state line only one minute away. Each of the nine apartments features a desirable one-bedroom, one-bath floor plan complete with walk-in showers, updated kitchens, spacious living and dining areas, bonus flex space, and durable solid-surface flooring throughout. Residents also enjoy the convenience of a coin-operated common laundry facility, ample on-site parking, and the ease of single-level living. What truly sets this investment apart is its future potential. With 2 acres of level ground, there is room to explore the addition of more units, creating an opportunity to further increase rental income and maximize your return. Whether you're expanding an established portfolio or looking for expansion possibilities, this property delivers.
Details
| MLS # | 5231020 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1965 |
| Days On Site | 79 |
| Listing Provided By | Legacy Real Estate Professionals | Patricia L Burkhammer |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 9 Total |
| Story(s) | 1 |
| Building(s) | 2 |
| Acreage | 2.01 |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Additional Parking, Gravel, On Site |
Taxes
| Tax Annual Amount | 5193 |
|---|
Area Information
| State | OH |
|---|---|
| County | Washington |
| City | Belpre |
| Zip Code | 45714 |
| Listing VS Median (in 45714) | |
Price: $599,000 low | high Med: $241,500 On site: 79 low | high Med: 23.5 | |
Market Activity 45714
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Learn More About This Property
| State | OH |
|---|---|
| County | Washington |
| City | Belpre |
| Zip Code | 45714 |
| Listing VS Median (in 45714) | |
Price: $599,000 low | high Med: $241,500 On site: 79 low | high Med: 23.5 | |