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 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
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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. OfferProp 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 OfferProp LLC. Availability of services and required disclosures vary by state, property type, and transaction structure. No outcome, offer volume, pricing, or closing is guaranteed.
More About This Property
Nearby Markets12 cities · 8 counties · 12 ZIP codes
Figures from the seller unless a line says otherwise. Verify before you close.
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ARV $195,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $152,000.