What if I told you that you could own this duplex for as little as $50 a month with little to no money down? Welcome to this charming duplex located in Wellsville, Ohio, listed at an affordable price of $95,000. This property features two units, each with 2 bedrooms, 1 bathroom, and its own laundry room. Perfect for both investors and owner-occupants, this duplex offers an incredible opportunity for cost-effective homeownership. With a USDA loan, you can purchase this property with 0% down, provided you occupy one of the units. Closing costs are approximately 4% of the purchase price, about $3,800, but you could negotiate with the seller to cover these costs. Private mortgage insurance (PMI) is roughly $30 a month. Based on a 30-year fixed-rate mortgage at around 7%, your total monthly payment would be approximately $798, including principal, interest, taxes, and insurance. The best part? each unit is estimated to rent out for $750 a month, significantly offsetting your costs. After accounting for this rental income, your net monthly cost to own this property would be around $50. Don’t miss this fantastic opportunity to own a versatile property with substantial rental income potential. Contact me today for more information or to schedule a private tour! *all numbers are estimates
Explore the potential of this recently updated duplex at 308 Tenth Street in Wellsville, Ohio. Boasting two units, each featuring 2 bedrooms and 1 bathroom, this property offers a lucrative investment opportunity or a comfortable living arrangement. The unique addition of a separately rented garage adds an extra layer of income, making this property stand out. The well-maintained hardwood floors extend into all areas except the bathroom, which features laminate flooring for easy maintenance. If you are looking to add your next multi-family investment property, looking to start your investment journey with house hacking, or just looking to supplement your mortgage with some rental income 308 10th street in Wellsville is your property call an agent today for a showing
Wellsville is located in Ohio. Wellsville, Ohio has a population of 3,406. Wellsville is less family-centric than the surrounding county with 11.99% of the households containing married families with children. The county average for households married with children is 27.49%.
The median household income in Wellsville, Ohio is $28,148. The median household income for the surrounding county is $45,498 compared to the national median of $57,652. The median age of people living in Wellsville is 36.5 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 20.5 degrees. The average rainfall is approximately 38.5 inches per year, with 29.1 inches of snow per year.
