Available
$60,000(ARV: $195,000)31% of ARV

Ashtabula County, Ashtabula, OH 44004

4 bd4 ba2,178 sfBuilt 1906

4 days ago

Gross spread$135,000

Description

ASHTABULA MULTI-FAMILY VALUE-ADD | 3-UNIT INCOME PLAY Asking Price: $60,000Estimated ARV: $195,000 - $255,000Closing: November 16, 2026 Three-unit income property with serious upside for the right investor. At $60K asking on a 2,178 sq ft building, this is a value-add play with strong rental potential once renovated and stabilized. Property Snapshot Property Type: Multi-Family (3 Units)Unit Mix: 1BD/2BA | 1BD/1BA | 2BD/1BATotal Beds / Baths: 4 Bed / 4 BathLiving Area: 2,178 Sq FtOccupancy: Vacant Condition Overview Property is older and has been used primarily for storage - expect a full renovation scope. New roof needed. Plumbing and electrical condition unknown; buyer to verify and budget accordingly. Seller will have belongings removed prior to closing. Why This Deal Works Low entry point at $60K on a 3-unit buildingStrong ARV upside - $195K-$255K post-renovationEstimated rent potential: $2,400-$3,200/mo stabilizedVacant and clear at closing - start work immediatelyIdeal for BRRRR or long-term buy & hold Ideal for:Buy & HoldBRRRRFix & Flip SUBMIT YOUR HIGHEST & BEST OFFER! Disclosure: We are marketing our equitable interest in a Purchase and Sale Agreement. We are not the owners of the property, and this is not an offer to sell real estate. [representative] participates in transactions as a principal, JV participant, or contractual interest holder where permitted. We do not act as a real estate broker, agent, or fiduciary unless expressly agreed in a separate, written, licensed brokerage agreement. Many opportunities involve assignment, novation, double closing, or other transfers of contractual rights or equitable interests, not the sale of real property by [representative]. Availability of services and required disclosures vary by state, property type, and transaction structure. No outcome, offer volume, pricing, or closing is guaranteed.

$/sqft vs market

This deal$28/sqft
Market median$73/sqft
Difference−62% below

Median of 7 comparable listings matched on ZIP. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms4
Bathrooms4
Square feet2,178
Lot size6,011 sf
Year built1906
ConditionFull Rehab
OccupancyVacant
ParkingDriveway

Systems & condition

HeatingOther
Air conditioningCentral AC
FoundationOther

Self-reported by the seller. Not inspected.

Property information

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