This 8-unit apartment complex presents a solid value-add investment opportunity. The property includes a mix of occupied, rent-ready, and renovation-needed units, giving investors multiple paths to increase value and cash flow. Currently, 3 units are rented and generating income. Two additional units are vacant but in good condition and could be rented quickly with minimal effort. The remaining 3 units require renovation, offering potential for increased rental income and long-term equity growth. One of the buildings received a new roof in 2021, reducing future capital expenses. With the right improvements, this property has strong potential to become a consistent income-producing asset in a desirable rental market. Contact me today for your private showing.
Jewett is located in Ohio. Jewett, Ohio has a population of 559. Jewett is more family-centric than the surrounding county with 31.75% of the households containing married families with children. The county average for households married with children is 25.85%.
The median household income in Jewett, Ohio is $47,656. The median household income for the surrounding county is $51,993 compared to the national median of $69,021. The median age of people living in Jewett is 37.9 years.
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 19.4 degrees. The average rainfall is approximately 39.6 inches per year, with 27.7 inches of snow per year.
