Rick McMaken
BEDS4
BATHS
MLS#9070268
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLShelby City
Property Description
Well-located triplex at 40 Second St, Shelby, OH 44875 offering immediate cash flow with value-add upside. All new plumbing from the street to the faucets. The property generates $1,900/month in gross rent with two long-term tenants in place, providing stable income from day one. One unit has been renovated, while one unit remains in need of renovation, creating a clear opportunity to increase rents and overall returns. Ideal for investors seeking a mix of steady cash flow and forced appreciation through improvements. Property offers strong fundamentals in a rental-friendly market. Tenant-occupied. Please do not disturb tenants. Showings by appointment only. Sold as-is. Listing agent is part of LLC.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partial
Basement: Yes
Cooling: None
Heating: Forced Air, Natural Gas
Lot Size: 0.22 Acres
Stories: 2.0
Taxes: $750
Year Built: 1910
Feature Descriptions
Days on Site: 61
Exterior: Aluminum Siding
Financing: Cash, Conventional
Lot: City Lot
Lot Dimensions: 60 x 160
Parcel #: 0460809104000
Parking: Gravel,1 Space
Parking Total: 1
Road Surface: Paved
Sewer: Public Sewer
Structure Type: Onsite Built
Units: 3
Water: Public
Local Schools
School District: Shelby City
Listed By / Shown By
Listed By
Agency Name: Dream Huge Realty
Agency Phone: 419-528-8260
Agent Name: Adam Thornton
Shown By
Agent Name: Rick McMaken
Agent Phone: Cell: (937) 405-7417
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 651.04 per month $559.37 Principal & Interest $62.50 Property Tax $29.17 Homeowner's InsuranceChange Payment Information
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Agency License Information: 1-877-539-7589 | Ohio Lic# REC.2010002888 6800 W Central Ave #B, Toledo, OH 43617 | Michigan Lic# 6505366134 8040 Summerfield Rd, Lambertville, MI 48144 | Indiana Lic# RC52400106 3029 W Smith Valley Rd #211, Greenwood, IN 46142 | West Virginia LIC# 010306 Erin Rickman, Broker. 410 Market St #3, Parkersburg, WV, 26101 | Colorado LIC# EC.100108419 603 Rood Ave, Grand Junction, CO 81501 | Nevada LIC# B.0146350.LLC 9190 Double Diamond Pwky, Reno, NV 89521 | Florida LIC# CQ1073507 16638 Mooner Plank Cir, Wimauma, FL 33598
40 Second | MLS# 9070268
This multi-family property located at 40 Second, Shelby, OH 44875 is currently listed for sale with an asking price of $100,000. Second is located within the Shelby City school district. Search Shelby real estate on www.showingmorehomes.com today.