15 Adams Street, Tiffin, OH 44883

$324,500
  • 15 Adams Street, Tiffin, OH 44883 Main Photo
Contingent
BEDS0 BATHS SQUARE FEET4,508 MLS#20264226
STATUS PROPERTY TYPEMulti Unit - Multiple SCHOOLTiffin

Property Description

BEAUTIFUL BRICK 5-UNIT APARTMENT BUILDING IN THE HEART OF TOWN! All five units are 1-bedroom, 1-bath apartments with refrigerators and stoves that stay. Four of the units are currently rented. Current rents for those four total $2,950. The vacant apartment is being advertised for rent at $900 a month, so potential gross monthly rental income is $3,850. Extra income of between $300-$400 a month is generated by a coin-operated washer and dryer, which stay. Electric, water, gas, water, sewer and trash all covered by landlord. Electric is capped at $100 per unit per month; tenants take care of overage. Window AC units are taken in and out by current owner, and those stay. Other updates done in recent years include new electric and new plumbing and the bathrooms all remodeled. Also, a new boiler in 2025! Since 2004, the upper and lower roofs have been replaced with metal standing-seam roofs. The small bump-out roofs are rubber. EXCELLENT INVESTMENT OPPOTURNITY!

15 Adams Street | MLS# 20264226

This multi-family property located at 15 Adams Street, Tiffin, OH 44883 is currently listed for sale with an asking price of $324,500. Adams Street is located within the Tiffin school district. Search Tiffin real estate on www.aghhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Fuel Type: Gas
Heating: Hot Water
Home Style: Victorian
Lot Size: 0.15 Acres
Taxes: $1,592
Year Built: 1900

Amenities

Dryer
Range
Refrigerator
Washer

Feature Descriptions

Days on Site: 7
Exterior: Brick
Lot Dimensions: 0.1498 Acre(s)
Sewer: Public Sewer
Water: Public

Local Schools

School District: Tiffin

Listed By / Shown By

Listed By

Agency Name: Wendt Key Team Realty

Shown By

Agent Name: Aeronica Hamilton
Agent Phone: (419) 989-0448
Agency Title: Key Realty

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Estimated Payment

$ 2,042.47 per month $1,815.16 Principal & Interest $132.67 Property Tax $94.65 Homeowner's Insurance

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