Patricia Rader
REALTOR®
BEDS0
BATHS
SQUARE FEET6,196
MLS#226040197
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSHELBY CITY
Property Description
6-Unit Multi-Family Value-Add Opportunity with Strong Immediate Cash Flow!Strategically located in a high-demand rental pocket of Shelby, Ohio, 25 S Gamble St offers a rare blend of immediate, stabilized revenue and immense equity-building potential. This fully occupied, 6-unit asset generates under market rents.Property Highlights & Unit Breakdown:5 of 6 Units OccupiedRenovation Upside: 2 out of the 6 units have been renovated, setting a strong baseline for market-rate potential. The remaining 4 units offer a straightforward value-add path to finish updating and instantly capture higher market rents.The Ultimate Value-Add Play (Utility Optimization): The property is currently operated with utilities included in the rent. Property could be implemented with a sub-metering strategy or a Ratio Utility Billing System (RUBS).Capital Improvement Potential: The building needs new windows across the units. This known capital expenditure gives a buyer excellent leverage to negotiate a favorable purchase price while permanently lowering future utility overhead once installed.Whether you are looking to buy and hold a cash-flowing asset or execute a strategic utility-pivot to force massive appreciation, 25 S Gamble St is a premier choice in North Central Ohio's competitive multi-family market.Serious inquiries only. Proof of funds or pre-approval required for private showings. Do not disturb the tenants.Closing will take place at Title Agency of Seller's choosing.Sold AS-IS
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Heating: Forced Air
Lot Size: 0.25 Acres
Taxes: $1,515
Year Built: 1900
Feature Descriptions
Days on Site: 22
Parcel #: 046-08-018-18-000
Local Schools
School District: SHELBY CITY
Listed By / Shown By
Listed By
Agency Name: Ohio Property Group, LLC
Agent Name: Glen Whitten
Agency Phone: 419-790-3106
Shown By
Agent Name: Patricia Rader
Agent Phone: (419) 967-0018
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,950.13 per month $1,733.49 Principal & Interest $126.25 Property Tax $90.39 Homeowner's InsuranceChange Payment Information
Patricia Rader
Cell: (419) 967-0018
Email Me
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
Agency License Information: 1-877-539-7589 | Ohio Lic# REC.2010002888 6800 W Central Ave #B, Toledo, OH 43617 | Michigan Lic# 6505366134 8040 Summerfield Rd, Lambertville, MI 48144 | Indiana Lic# RC52400106 3029 W Smith Valley Rd #211, Greenwood, IN 46142 | West Virginia LIC# 010306 Erin Rickman, Broker. 410 Market St #3, Parkersburg, WV, 26101 | Colorado LIC# EC.100108419 603 Rood Ave, Grand Junction, CO 81501 | Nevada LIC# B.0146350.LLC 9190 Double Diamond Pwky, Reno, NV 89521 | Florida LIC# CQ1073507 16638 Mooner Plank Cir, Wimauma, FL 33598 | Illinois LIC# 481014661 640 S Washington St. Suite 212, Naperville, IL 60540
Agent License Information: SAL.2003015770
25 S Gamble Street | MLS# 226040197
This multi-family property located at 25 S Gamble Street, Shelby, OH 44875 is currently listed for sale with an asking price of $309,900. S Gamble Street is located within the SHELBY CITY school district. Search Shelby real estate on www.callrader.com today.