5148 Milan Ave, Norwalk, OH 44857

$499,000

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List Price
$499,000
Status
ACTIVE
Days on Market
518
Price Change
▼ $76,000 1767839400
MLS#
20251339
Subtype
Commercial Sale
Year Built
1970
Lot Size
18,077
Acres
0.42
Subdivision
Norwalk Township Sec 3
MLS Area Major
Norwalk

Property Description

Excellent Investment Opportunity! Discover the potential of this 12-unit apartment building, ideally located near shopping and everyday conveniences. The property features a mix of mostly one-bedroom units with a few efficient apartments, perfect for attracting a variety of tenants. Enjoy peace of mind with many long-term tenants already in place, offering consistent income from day one. Each unit includes its own range and refrigerator (12 of each), plus the building is equipped with two-zone boiler heating and dual 250-gallon hot water tanks for efficiency and comfort. Whether you're expanding your portfolio or diving into multi-family ownership, this property offers location, stability, and potential. Don't miss out!Physical address is: 5148 Us Highway 250 N., Norwalk, OH 44857

Additional Information

Taxes
$6,463
Stories
2
Roof
Asphalt

Courtesy of RE/MAX Quality Realty - Sandusky

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