New ListingINVESTMENT OPPORTUNITY IN SHELBY! This unique property offers four rental units on one parcel, including a duplex and two mobile homes. The duplex features a 1BR/1BA main-level unit with an additional basement bath, laundry, and detached 1-car garage, renting for $750/month. The upper unit offers 1BR plus an additional room currently used as a 2nd bedroom, 1BA, and rents for $775/month. The first manufactured home features 2BR/1BA, laundry, and a 2-car garage, renting for $900/month. The second offers 3BR/1BA, dedicated laundry/mudroom and a newer furnace, renting for $875/month. Current gross rents total $3,300/month ($39,600 annually). Three separate electric meters provide potential for utility separation. Current owner pays water, septic, and electric, averaging approximately $500/month. Great opportunity to add a multi-unit income property to your portfolio! Photos have been edited/enhanced to protect tenants privacy.
| MLS # | 20101060 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1875 |
| Days On Site | 2 |
| Listing Provided By | Howard Hanna Real Estate Services Ashland Downtown | Hartley Team |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 5 |
| Garage | 1 |
| Basement | Y |
| Units | 4 |
| Zoning | RL-1-Residential Districts |
| Acreage | 0.32 |
| Property | 1030 |
|---|
| State | OH |
|---|---|
| County | Richland |
| City | Shelby |
| Zip Code | 44875 |
| School District | Shelby City Schools |
| Elementary School | Shelby City Schools |
| High School | Shelby City Schools |
| Listing VS Median (in 44875) | |
Price: $275,000 low | high Med: $165,000 On site: 2 low | high Med: 35 | |
| State | OH |
|---|---|
| County | Richland |
| City | Shelby |
| Zip Code | 44875 |
| School District | Shelby City Schools |
| Elementary School | Shelby City Schools |
| High School | Shelby City Schools |
| Listing VS Median (in 44875) | |
Price: $275,000 low | high Med: $165,000 On site: 2 low | high Med: 35 | |