1901 Clark AVE, Wellsville, OH 43968
1901 Clark AVE, Wellsville, OH 43968
1901 Clark AVE, Wellsville, OH 43968
1901 Clark AVE, Wellsville, OH 43968
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Shawana Hanson

Shawana Hanson

+1(216) 971-3161
$ 269,000
Est. payment | /mo

4,791 Sqft Lot

Save
$ 269,000
Est. payment | /mo
Save

4,791 Sqft Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Nicholson

MLS Listing ID 5205857

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1957

Annual Tax Amount $3,007

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Apartment

Property Description

Turnkey Investment Opportunity in Wellsville Ohio! If you've been searching for a solid, income-producing property with upside potential, this apartment complex delivers. Situated in Wellsville this well-maintained brick building offers durability, low maintenance, and strong rental appeal. The property features a total of 7 units, including 6 studio apartments and 1 one-bedroom unit, all under one roof. The one-bedroom apartment is currently rented at $775/month, while studio units are bringing in $650/month, with room for future rent optimization. In addition, there is a mobile home located at the rear of the property generating $175/month in lot rent—adding another stream of income. Several units are already occupied, providing immediate cash flow, while the remaining units offer an opportunity to increase revenue as they are leased. Utilities are landlord-paid, with average monthly expenses of approximately $100 for trash, $100 for water, $300 for electric, and $150 for gas—keeping operating costs predictable and manageable. The building itself is in excellent condition, showcasing a strong brick structure that enhances long-term value and minimizes exterior maintenance concerns. Whether you're looking to expand your portfolio or step into multifamily investing, this property offers stability, income, and growth potential all in one package. Don't miss your chance to own a versatile investment property with multiple income streams!

Location

State OH

County Columbiana

Interior

Heating Forced Air, Gas

Cooling Wall Unit(s)

Fireplace No

Exterior

Parking Features Common

Water Access Desc Public

Present Use Multi-Family

Building

Sewer Public Sewer

Water Public

Construction Status Updated/Remodeled

Schools

School District Wellsville Lsd - 1511

Others

Tax ID 8401743000

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Demetrius Ison • Keller Williams Chervenic Rlty • demetriusison@kw.com, 330-518-6640

NEARBY SCHOOLS & PROPERTIES

Shawana Hanson

"Whether you're looking to purchase your first home, dream home, investment property, and/or sell your current home, I am committed to providing you with high-quality bespoke services."

+1(216) 971-3161

info@luxehauscle.com

1991 Crocker Rd. Suite 600, Westlake, OH, 44145, United States

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1901 Clark AVE