5419 Main Ave

About this property

This is a portfolio sale with a mix of 14 single family residential homes, a duplex, a quad, and 3 additional vacant city lots with building potential. A total of 20 rental units all within close proximity to one another within Ashtabula City. Conservative Gross monthly rent potential over $15K, annual gross potential $186,900+/-. Current owner has completed many improvements over the course of ownership & will provide lists. Properties are professionally managed. Chance for self-management to increase profitability, or continue with management. Selling as-is at time of closing, with some city violations still needing attended to on a few of the homes in the near future (will provide reports to interested parties). Some work in progress at multiple locations, ask broker for details on the scheduled work. Rent roll available upon request. The single family home tenants are responsible for their own lawncare, snow removal, and all utilities except sewer & trash. The multi-fam locations are responsible for their own utilities except for water/sewer/trash.