Commercial Real Estate for Sale at 1310 Mishler Street Ne in Alliance, OH for $870,000

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1310 Mishler Street NE | Alliance

$870,000 | 0.0 Sq. Ft.

12-Unit Multifamily Opportunity \u2013 Marlington School District! This commercial property presents an excellent investment opportunity with all units designed as spacious two-bedroom, one-bathroom apartments. A notable feature of this property is that two out of the three buildings are equipped with coin-operated laundry facilities, which generate a supplementary income stream. Currently, the property offers full occupancy with a stable tenant base, ensuring consistent rental income. The existing rental rates are currently below the current market value, which creates a significant potential for increasing cash flow through market-rate adjustments. This property stands as a promising long-term investment. Call today for a private tour. MLSNow 5172196

Directions to property: State St to S. Sawburg St, right on Beeson, left on Smyth, right on Mishler - property will be on the right

MLS Listing ID: 
MLSNow 5172196
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$870,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Alliance
Address: 
1310 Mishler Street NE, Alliance, OH 44601
County: 
Stark
Latitude: 
40.9272230
Longitude: 
-81.1252900
Directions: 
State St to S. Sawburg St, right on Beeson, left on Smyth, right on Mishler - property will be on the right
Public Remarks: 
12-Unit Multifamily Opportunity \u2013 Marlington School District! This commercial property presents an excellent investment opportunity with all units designed as spacious two-bedroom, one-bathroom apartments. A notable feature of this property is that two out of the three buildings are equipped with coin-operated laundry facilities, which generate a supplementary income stream. Currently, the property offers full occupancy with a stable tenant base, ensuring consistent rental income. The existing rental rates are currently below the current market value, which creates a significant potential for increasing cash flow through market-rate adjustments. This property stands as a promising long-term investment. Call today for a private tour.
Community Information
School District: 
Marlington LSD - 7608
Subdivision: 
Barcus Heights
Community Features: 
Laundry Facilities
Building Details
Details about the building on a property.
Year Built: 
1971
Living Area: 
0.0
Basement: 
None
Construction
Roof: 
Metal
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Electric
Cooling System: 
None,Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1.38
Lot Size (Area): 
1.38
Lot Features
Parking Type: 
Carport,Driveway
Public Record
Parcel Number: 
02801218
Annual Tax: 
$5,940.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Tracy Whaley
Listing Office Name: 
Keller Williams Legacy Group Realty

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