26
See all 26 photos
$575,000
Est. payment /mo
19 BD
11 BA
New
101 & 107 N Main New Madison, OH 45346
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UPDATED:
01/17/2025 07:16 PM
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 926565
Bedrooms 19
Full Baths 11
Year Built 1906
Annual Tax Amount $5,066
Lot Dimensions .24
Property Description
This is a one of a kind opportunity. TWO buildings on 2 separate parcels that have ELEVEN (11) FULLY OCCUPIED apartments AND a PUBLIC LAUNDROMAT. This is a perfect opportunity for immediate cash-flow. Building #1 The Bloom Building: she is a BRICK beauty and takes up almost half a city block with over 8,350 square feet, this building includes 9 apartments. The first floor apartments all have exterior entrances , second floor apartments are located off of a wide, center hall, with a low-incline grand staircase at the front & a second staircase at the rear. 4,176 sq ft BASEMENT with an abundance of possibilities. Don't miss the amazing Bank Vault down there! 100% OCCUPIED and does not have a problem filling vacancies when they occur. Many LONG-TERM tenants. Two parcels that you could separate down the road should you choose to. Building #2: Two, 2 bedroom apartments on upper level with public laundromat on ground floor. The 11 apartments combined with the public laundromat present a lucrative investment opportunity with One 3 bedroom, Seven 2 bedroom, Two 1 bedroom, One studio/efficiency.
Location
State OH
County Darke
Zoning Residential,Multiple
Rooms
Basement Full, Unfinished
Interior
Heating Baseboard, Electric, Natural Gas, Other
Cooling Central, Wall, Window Unit
Exterior
Parking Features None
Utilities Available 220 Volt Outlet, City Water, Natural Gas
Building
Structure Type Brick,Frame,Wood
Schools
School District Tri-Village
Listed by Coldwell Banker Heritage