5419 Main Avenue Ashtabula, OH $ 1,250,000
5419 Main Avenue
$ 1,250,000
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5419 Main Avenue

Ashtabula, OH, 44004
$ 1,250,000
Baths0.0

Monthly Estimate*

$ 8,308

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Studio

Commercial Property for sale in Ashtabula, OH

for $1,250,000. This building was built in 1920 on a lot size of 2.1495.

This is a portfolio sale with a mix of 14 single family residential homes, a duplex, a quad, and 3 additional vacant city lots with building potential. A total of 20 rental units all within close proximity to one another within Ashtabula City. Conservative Gross monthly rent potential over $15K, annual gross potential $186,900+/-. Current owner has completed many improvements over the course of ownership & will provide lists. Properties are professionally managed. Chance for self-management to increase profitability, or continue with management. Selling as-is at time of closing, with some city violations still needing attended to on a few of the homes in the near future (will provide reports to interested parties). Some work in progress at multiple locations, ask broker for details on the scheduled work. Rent roll available upon request. The single family home tenants are responsible for their own lawncare, snow removal, and all utilities except sewer & trash. The multi-fam locations are responsible for their own utilities except for water/sewer/trash.

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Commercial Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,181

Style

Lot Size

2.1495

Year Built

1920

Town/City

Ashtabula

County/Region

Ashtabula

MLS | Web ID

5039357

Features
General
Sewer PublicSewer
Heating Electric ForcedAir Gas
Cooling CentralAir WallUnits
Possession Other
Roof Asphalt Fiberglass
Year Built 1920
Township Ashtabula
Property SubType Office
Tax Year 2023
Current Use Investment MultiFamily Residential SingleFamily
Additional Parcels Description 052050002800 051170007500 051170007600 052030013900
County Ashtabula
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Status Active
Directions Multiple Location Addresses.
City Ashtabula
Disclosures PrincipalisRealEstateLicensed
View Y/N N
Senior Community Y/N N
High School District Ashtabula Area CSD - 401
Zoning Description Multi-Family
NumberOfUnitsTotal 20
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 12181.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 6
Building Area Units SquareFeet
Living Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Ashtabula Area CSD - 401
Elementary School District Ashtabula Area CSD - 401
Year Built Source PublicRecords
Property Sub Type Additional Office
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Interior
Basement Full Unfinished
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Assigned Driveway Detached Garage OnSite Private
Water Source Public
Lot Size Area 2.1495
Number of Buildings 16
Spa N
Building Area Total 24521.0
Lot Size Acres 2.1495
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5419
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* Excluded Features
List By
Shawni L Marich

Listing Agent

Novella Realty, Llc.

Broker

shawni@novellarealty.com

Email

Affordability Calculator

$9,323
Per Month
89%
11%
0%
Monthly Principal & Interest
$8,308
Monthly Property Taxes
$1,015
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457406 Elementary School
4457598 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2024$1,250,000 Listed Price

Map


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5419 Main Avenue, Ashtabula, OH, 44004 is a Commercial Property for sale at $1,250,000 with a lot size of 2.1495. 5419 Main Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 44004 which is in Ashtabula, OH