Ohio / Ashtabula / 44004 / 4924 West Avenue

4924 West Avenue

Q: What is the asking price for 4924 West Avenue in Ashtabula?

The asking price for 4924 West Avenue is $175,000

Q: What is the building size of this Multifamily property in Ashtabula, OH?

The size of the building/unit at 4924 West Avenue in Ashtabula is 5,561 square feet.

Q: How much land does the Ashtabula, OH property at 4924 West Avenue include?

4924 West Avenue in Ashtabula includes 0.320 acres of land.

Q: What is the population within 1 mile of 4924 West Avenue?

The population within 1 mile of 4924 West Avenue Ashtabula, OH 44004 is 7,214 people.

Q: Who do I contact for questions about 4924 West Avenue?

You should contact the listing agent, Wesley Purvis, for any details regarding this commercial listing.

Ashtabula, OH 44004

Listing ID: 278306

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Building Size: 5,561 SF

Lot Size: 0.320 AC

Land Size: 13,939 SF

Building $/SF: $31.47

Land $/SF: $12.55

Price

$175,000

Property Highlights

10 Cap Rate at HUD Fair Market Rents

Great entry-level investment property

100 occupied, five unit

Description

Great five unit multifamily in Ashtabula, OH. Demand for residential rentals has never been higher in the area. Based on our $35,000 per unit, we are actually price under many comparable properties. Possible 10% cap rate with increased rents to HUD Fair Market Rents.

Attachments & Files

catemplate-nyh-qhj.pdf

salebrochure-0Hc-448.pdf

Points of Interest & Demographic Radii

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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Listing Demographics for 4924 West Avenue Ashtabula, OH 44004

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		7,214	26,561	35,142
Population Median Age		39	41	42
Population by Age	0-9 Yrs	857 (11%)	3127 (11%)	3832 (10%)
	10-19 Yrs	1061 (14%)	3265 (12%)	4089 (11%)
	20-29 Yrs	937 (12%)	3285 (12%)	4184 (11%)
	30-39 Yrs	861 (11%)	3072 (11%)	3852 (10%)
	40-49 Yrs	759 (10%)	3156 (11%)	4234 (12%)
	50-59 Yrs	999 (13%)	3637 (13%)	4920 (14%)
	60-69 Yrs	1129 (15%)	3918 (14%)	5402 (15%)
	70+ Yrs	610 (8%)	3102 (11%)	4630 (13%)

Median HH Income		$25,374	$35,775	$41,109
Total Household Income	< 24K	1508 (49%)	4128 (36%)	5025 (33%)
	25-49K	896 (29%)	2976 (26%)	3755 (24%)
	50-74K	367 (11%)	1792 (15%)	2642 (17%)
	75-99K	138 (4%)	1168 (10%)	1841 (12%)
	100-199K	135 (4%)	1056 (9%)	1564 (10%)
	200K+	26 (0%)	144 (1%)	254 (1%)

Highest Education Level	No Diploma	1155	2744	3286
	Diploma or GED	2251	8206	10697
	Some College	921	3557	5036
	Assoc. Degree	240	1560	2186
	Bachelors Degree	167	1816	2870
	Higher Degree	113	727	1198

Total Housing Units		3,758	13,218	17,704
--Owner-Occupied		1,170	6,507	9,602
--Renter-Occupied		1,900	4,757	5,480
Owner-Occupied Values	< 100K	1029	4057	5081
	100-199K	107	1883	3366
	200-299K	15	334	704
	300-399K	11	142	249
	400-499K	0	62	135
	500K+	9	29	66

Total Working Age Population		5,697	21,460	28,856
In Work Force		2,630	11,659	15,854
Not In Work Force		3,067	9,801	13,003
Workforce Employed		2,410	10,793	14,756
Workforce Unemployed		220	866	1,098
Civlian Workforce		2,630	11,659	15,854
Military Workforce		0	0	0

Total Households		3,070	11,264	15,083
Family Households		1,595	6,640	9,068
Non-Family Households		1,475	4,624	6,015
Married Couple		977	4,275	6,173
Other Family		618	2,365	2,895
Married w/Child		363	1,344	1,741
Single Male w/Child		51	252	348
Single Female w/Child		316	1,070	1,260

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Ohio	11,353,140	+2	11,536,504	0	11,574,870	0	11,615,100
Ashtabula County	102,728	-1	101,497	-6	95,160	-6	89,760

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 4924 West Avenue in Ashtabula?

The asking price for 4924 West Avenue is $175,000

What is the building size of this Multifamily property in Ashtabula, OH?

The size of the building/unit at 4924 West Avenue in Ashtabula is 5,561 square feet

How much land does the Ashtabula, OH property at 4924 West Avenue include?

4924 West Avenue in Ashtabula includes 0.320 acres of land

What is the population within 1 mile of 4924 West Avenue in Ashtabula?

The population within 1 mile of 4924 West Avenue Ashtabula, OH 44004 is 7,214 people.

Who do I contact for questions about 4924 West Avenue?

You should contact the listing agent, Wesley Purvis, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
1426 E 51st St, Ashtabula, OH	$1,825,000	33775	0.78
Concord Station Townhomes - Station 44 Pl, Painesville, OH	CALL	66336	-
8461 Perry Highway, Erie, PA	$6,500,000	150000	15
1587 Mallard Drive, Mayfield Heights, OH	$6,250,000	114580	-
17800 Euclid Avenue, Cleveland, OH	$490,000	21877	0.54
340 East 131st Street, Cleveland, OH	$380,000	30834	1.64
14036 Superior Road, East Cleveland, OH	CALL	27908	0.24
14038 Superior Road, East Cleveland, OH	CALL	27908	0.24
1502 Coventry Road, East Cleveland, OH	$1,149,000	21244	0.73
2728 Lancashire Road, Cleveland Heights, OH	CALL	8000	0.66

Closest Commercial Airports

Airport	Distance (mi)
Erie International Tom Ridge Field (ERI)	35
Cleveland Hopkins International Airport (CLE)	63
Pittsburgh International Airport (PIT)	99