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408-410 Pearl Street, Marion, OH 43302

$285,000
  • 408-410 Pearl Street, Marion, OH 43302 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,304 MLS#226020379
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMARION CITY

Property Description

Turnkey Duplex Investment Opportunity Near Downtown Marion + 10-Year Tax Abatement!Welcome to 408-410 Pearl Street in Marion, Ohio, a fully remodeled duplex offering an exceptional opportunity for investors and owner-occupants alike. Conveniently located just minutes from Downtown Marion, tenants will enjoy easy access to restaurants, shopping, entertainment, employers, and community events, making this a highly desirable rental location.Each spacious unit features 4 bedrooms and 2 full bathrooms, providing the size and functionality that stand out in today's rental market. Completely renovated from top to bottom, this property offers the benefits of modern updates without the headaches of major repairs or renovations.With projected rents of $1,600 per month per side, investors have the potential to generate $3,200+ in monthly gross rental income. To make the opportunity even more attractive, the property qualifies for a 10-year tax abatement, creating substantial tax savings and boosting long-term cash flow potential.Whether you're an investor seeking a turnkey addition to your portfolio or a buyer looking to house hack by living in one unit while renting the other, this property offers a rare combination of size, location, income potential, and tax advantages. The rental income from one unit could significantly offset your mortgage and living expenses while allowing you to build equity and wealth through real estate ownership.Fully renovated, ideally located near downtown, and positioned for strong rental performance, 408-410 Pearl Street is the type of opportunity that doesn't come around often. Schedule your showing today and explore the possibilities this unique property has to offer.

408-410 Pearl Street | MLS# 226020379

This multi-family property located at 408-410 Pearl Street, Marion, OH 43302 is currently listed for sale with an asking price of $285,000. 408-410 Pearl Street is located within the MARION CITY school district. Search Marion real estate on www.pattyatkins.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Forced Air
Lot Size: 0.08 Acres
Taxes: $1,275
Year Built: 1914

Feature Descriptions

Days on Site: 5
Parcel #: 12-3040201.900
Utilities: Water Available, Natural Gas Available, Electricity Available

Local Schools

School District: MARION CITY

Listed By / Shown By

Listed By

Agency Name: Generations Realty
Agent Name: Chris Massey
Agency Phone: 740-389-5500

agent picture

Shown By

Agent Name: Patty Atkins
Agent Phone: (419) 464-6365
Agency Title: Key Realty

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Estimated Payment

$ 1,783.58 per month $1,594.21 Principal & Interest $106.25 Property Tax $83.13 Homeowner's Insurance

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