Homes for sale - 121 E Highland AVE, Ravenna, OH 44266

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$239,900

Est. payment - /mo

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5 BD

4 BA

3,306 SqFt

New

121 E Highland AVE Ravenna, OH 44266

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Lyndsay Maynard

listwithlyndsay@gmail.com +1(740) 359-1913

UPDATED:

12/21/2024 04:10 PM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,306 sqft

Price per Sqft $72

MLS Listing ID 5090604

Bedrooms 5

Full Baths 3

Half Baths 1

HOA Y/N No

Abv Grd Liv Area 3,306

Year Built 1926

Annual Tax Amount $2,682

Tax Year 2023

Lot Size 0.312 Acres

Acres 0.312

Property Description

This 3-unit investment property in Ravenna presents an incredible opportunity for steady rental income with significant upside potential. The property is in excellent condition, with all major mechanicals updated in recent years, including the roof, windows, wiring, water heaters, and furnace—providing peace of mind and minimizing future maintenance costs. Neat and well-maintained, each unit is currently fully rented with one-year leases in place, ensuring immediate cash flow. Best of all, the current rental rates are significantly below market value, offering an attractive opportunity for future rent increases and maximizing your investment return. Don't miss out on this rare find!

Location

State OH

County Portage

Rooms

Basement Full

Interior

Heating Baseboard, Electric, Forced Air, Gas

Cooling None

Fireplace No

Laundry Main Level

Exterior

Parking Features Detached, Garage, Unpaved

Garage Spaces 3.0

Garage Description 3.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Accessibility None

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Schools

School District Ravenna Csd - 6706

Others

Tax ID 31-349-04-00-040-000

Special Listing Condition Standard

Listed by Shirley Ryan • Tarter Realty • TarterRealty@aol.com 330-221-3585

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Lyndsay Maynard

Real Estate Salesperson | License ID: SAL.2019000181, WVS200301118

+1(740) 359-1913

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121 E Highland AVE Ravenna, OH 44266

Lyndsay Maynard

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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121 E Highland AVE