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$ 999,000
Est. payment | /mo
0.54 Acres Lot
$ 999,000
Est. payment | /mo
0.54 Acres Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Ross Park Realty Co Plan
MLS Listing ID 5225456
HOA Y/N No
Annual Tax Amount $2,575
Tax Year 2025
Lot Size 0.540 Acres
Acres 0.54
Property Sub-Type Apartment
Property Description
This 11-unit residential portfolio spanning across 9 properties offers a solid income opportunity in Steubenville, Ohio, a hardworking steel mill town with a loyal, long-term rental base. The properties are grouped together in downtown Steubenville and along the Virginia Avenue corridor, making them easy to manage and keep an eye on. The portfolio currently brings in about $80,760 a year in rent. One unit of the duplex is currently unfinished, giving the new owner a great opportunity to finish it out to their own standards and add even more value.
The area has steady demand thanks to a few key reasons people need housing here: Franciscan University and The College of Saint Joseph the Worker bring in students and staff, a new regional STEM school is opening nearby, and Trinity Health System keeps healthcare workers coming into town. Add in ongoing downtown revitalization and a coming Opportunity Zone designation, and this corridor has real staying power.
Two units are currently vacant, but are rent ready giving a buyer an easy way to boost income right away. Once those are rented, the portfolio could bring in $102,000 to $104,000 a year.
This is a good fit for an investor who wants steady rent checks with some easy upside built in. Properties like this, with real numbers behind them and everything grouped close together, don't come up often at this price.
The area has steady demand thanks to a few key reasons people need housing here: Franciscan University and The College of Saint Joseph the Worker bring in students and staff, a new regional STEM school is opening nearby, and Trinity Health System keeps healthcare workers coming into town. Add in ongoing downtown revitalization and a coming Opportunity Zone designation, and this corridor has real staying power.
Two units are currently vacant, but are rent ready giving a buyer an easy way to boost income right away. Once those are rented, the portfolio could bring in $102,000 to $104,000 a year.
This is a good fit for an investor who wants steady rent checks with some easy upside built in. Properties like this, with real numbers behind them and everything grouped close together, don't come up often at this price.
Location
State OH
County Jefferson
Interior
Heating Forced Air, Gas
Fireplace No
Schools
School District Steubenville Csd - 4104
Others
Tax ID 07-04210-000

Listed by James W Petrella • DeLuca Realty • petrella11jay@yahoo.com, 740-632-2952
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