41 Railroad Street, New London, OH 44851
New Listing
$329,900
Property Type:
Commercial
Square Footage:
1,840
Lot Size (sq. ft.):
3,049
Status:
Active
Current Price:
$329,900
List Date:
3/10/2026
Last Modified:
3/10/2026
Description
Income-Producing Investment Opportunity!
This multi-unit property features five rental units, including two 1-bedroom apartments and three 2-bedroom apartments, generating $2,850 per month in rental income. A solid opportunity for investors looking to add a performing asset to their portfolio.
The property offers consistent income potential with multiple units and a desirable rental mix. Whether you’re expanding your portfolio or entering the investment market, this property provides immediate rental income and long-term potential.
PLEASE ALLOW 48 HOURS for response to any offers
Supplements: ********
More Information MLS# 226006919
Location & Property Info
List Price/SqFt: 179.29
City (Mailing Addr): New London
Corp LimitPerAuditor: New London
Office/Contract Info
For Sale: Yes
Exchange: No
For Lease: No
Lease Rate $/Sq Ft: 1.55
General Property Info
Total SqFt Available: 1840
Bldg Sq Ft: 1840
Max Cont Sqft Avail: 1840
Minimum Sqft Avail: 1840
# of Docks: 0
Lot Size (Side): 66
# of Floors Above Gr: 2
Year Built: 1938
Acreage: 0.07
Tax Info
Tax Abatement: No
Taxes (Yrly): 1425
Parcel #: 26-0180-03-021-0000
Tax Year: 2024
Remarks & Misc
Property Description: Income-Producing Investment Opportunity!
This multi-unit property features five rental units, including two 1-bedroom apartments and three 2-bedroom apartments, generating $2,850 per month in rental income. A solid opportunity for investors looking to add a performing asset to their portfolio.
The property offers consistent income potential with multiple units and a desirable rental mix. Whether you’re expanding your portfolio or entering the investment market, this property provides immediate rental income and long-term potential.
PLEASE ALLOW 48 HOURS for response to any offers
Income/Expenses
Gross Income: 2850
Net Operating Income: 2850
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
T Reimburses L
Curr Yr Est $/SF TRL: 0
Heat Fuel
Electric: 1
Auction Info
Auction/Online Bidding Y/N: No
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 329900
List Price: $329,900
Property Sub Type: Other Com
Street #: 41
Street Name: Railroad
Street Suffix: Street
County: Huron
State: OH
Zip Code: 44851
Township: None
OfficeContract Info
Status: Active
MLS Entry Date: 2026-03-10
Property Features
Addl Acceptance Cond: None Known
Heat Fuel: Electric
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
Keller Williams Elevate – Strongsville
Listing Agent:
Tracy J Jones
Last Updated: March – 10 – 2026
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