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101 & 107 N Main Street, New Madison, OH 45346

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For Sale
Sale Pending

$575,000

19 beds • 11 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 1036443

Courtesy Of Coldwell Banker Heritage

(937) 890-2200

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick, Wood Siding
  • Heating System
    Baseboard, Hot Water

Map and Directions

Directions to 101 & 107 N Main Street, New Madison, OH 45346

Home seller CENTURY 21 The Gene Group

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 The Gene Group

(937) 203-8180
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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