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403 N 4th St 18 Unit Apartment Building $1,245,051 CAD ($69,169 CAD/Unit) Steubenville, OH 43952
INVESTMENT HIGHLIGHTS
- New boiler - high-efficiency heating system installed 2023
- New Puma XL roof system, FM approved, UL790 Class A fire rating
- 140 Brand-new Energy-efficient replacement windows with flashing
EXECUTIVE SUMMARY
This is an exceptional opportunity to acquire a substantial commercial asset featuring one classic, all-brick building with 18 one-bedroom apartment units with coin-operated laundry on site. The property occupies a corner lot in a prime rental market, offering stable, consistent income potential. 140 Brand-new Energy-efficient replacement windows with flashing (2024), New Puma XL roof system, FM approved, UL790 Class A fire rating, full manufacturer and contractor warranty (2023), New boiler - high-efficiency heating system installed 2023. Most units feature refinished, renovated kitchens and refreshed bathrooms. Each unit contributes to a portfolio designed for tenant appeal, boasting classic hardwood floors and fully equipped kitchens. The location is truly unbeatable, placing tenants within minutes of Franciscan University and providing immediate, walkable access to a school, dining options, bus stops, churches, and many other essential community amenities.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,245,051 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $69,169 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| No. Units | 18 | Building Size | 15,105 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/2023 |
| Zoning | C | ||
| Price | $1,245,051 CAD |
| Price Per Unit | $69,169 CAD |
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 15,105 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1900/2023 |
| Zoning | C |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Fireplace
- Storage Space
- Heating
- Refrigerator
- Oven
- Basement
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 18 | - | - |
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PROPERTY TAXES
| Parcel Number | 07-05255-000 | Total Assessment | $181,545 CAD |
| Land Assessment | $6,803 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $174,742 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
07-05255-000
Land Assessment
$6,803 CAD
Improvements Assessment
$174,742 CAD
Total Assessment
$181,545 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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403 N 4th St
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