Listed By
Agency Name: Ohio Property Group, LLC
Agent Name: Glen Whitten
Agency Phone: 419-790-3106
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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6-Unit Multi-Family Value-Add Opportunity with Strong Immediate Cash Flow!Strategically located in a high-demand rental pocket of Shelby, Ohio, 25 S Gamble St offers a rare blend of immediate, stabilized revenue and immense equity-building potential. This fully occupied, 6-unit asset generates under market rents.Property Highlights & Unit Breakdown:5 of 6 Units OccupiedRenovation Upside: 2 out of the 6 units have been renovated, setting a strong baseline for market-rate potential. The remaining 4 units offer a straightforward value-add path to finish updating and instantly capture higher market rents.The Ultimate Value-Add Play (Utility Optimization): The property is currently operated with utilities included in the rent. Property could be implemented with a sub-metering strategy or a Ratio Utility Billing System (RUBS).Capital Improvement Potential: The building needs new windows across the units. This known capital expenditure gives a buyer excellent leverage to negotiate a favorable purchase price while permanently lowering future utility overhead once installed.Whether you are looking to buy and hold a cash-flowing asset or execute a strategic utility-pivot to force massive appreciation, 25 S Gamble St is a premier choice in North Central Ohio's competitive multi-family market.Serious inquiries only. Proof of funds or pre-approval required for private showings. Do not disturb the tenants.Closing will take place at Title Agency of Seller's choosing.Sold AS-IS
Estimated Payment
$ 2,080.50 per month $1,858.03 Principal & Interest $126.25 Property Tax $96.22 Homeowner's InsuranceSend an email with a link to
25 S Gamble Street, Shelby, OH 44875.
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25 S Gamble Street | MLS# 226040197
This multi-family property located at 25 S Gamble Street, Shelby, OH 44875 is currently listed for sale with an asking price of $329,900. S Gamble Street is located within the SHELBY CITY school district. Search Shelby real estate on www.hawksnestcrossing.com today.