Wellsville, OH 43968,602 Commerce ST
Wellsville, OH 43968,602 Commerce ST
Wellsville, OH 43968,602 Commerce ST
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$95,000
Est. payment /mo
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4 BD
2 BA
2,160 Sqft Lot
Active

602 Commerce ST Wellsville, OH 43968

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UPDATED:

09/30/2024 05:36 PM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Fords

MLS Listing ID 5044610

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1900

Annual Tax Amount $792

Tax Year 2023

Lot Size 2,160 Sqft

Acres 0.0496

Property Description

What if I told you that you could own this duplex for as little as $50 a month with little to no money down?

Welcome to this charming duplex located in Wellsville, Ohio, listed at an affordable price of $95,000. This property features two units, each with 2 bedrooms, 1 bathroom, and its own laundry room. Perfect for both investors and owner-occupants, this duplex offers an incredible opportunity for cost-effective homeownership.

With a USDA loan, you can purchase this property with 0% down, provided you occupy one of the units. Closing costs are approximately 4% of the purchase price, about $3,800, but you could negotiate with the seller to cover these costs. Private mortgage insurance (PMI) is roughly $30 a month.

Based on a 30-year fixed-rate mortgage at around 7%, your total monthly payment would be approximately $798, including principal, interest, taxes, and insurance. The best part? each unit is estimated to rent out for $750 a month, significantly offsetting your costs. After accounting for this rental income, your net monthly cost to own this property would be around $50.

Don?t miss this fantastic opportunity to own a versatile property with substantial rental income potential. Contact me today for more information or to schedule a private tour!

*all numbers are estimates

Location

State OH

County Columbiana

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Fireplace No

Exterior

Garage Driveway

Garage Spaces 1.0

Garage Description 1.0

Waterfront No

Water Access Desc Public

Roof Type Asphalt

Parking Type Driveway

Private Pool No

Building

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Wellsville Lsd - 1511

Others

Tax ID 8401021000

Special Listing Condition Standard


Listed by James Clark • Underwood & Associates • 330-385-8580 Underwood@BetterHomesUSA.net

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William Mehl

License ID: C2012002205

+1(412) 877-9945

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602 Commerce ST