350 Main Street is only .5 miles south of Wadsworth's Downtown District and Square. and 1.9 miles south of High Street and I-76 interchange. 350-352 Main Street is comprised of nine (9) total units, 2 commercial units and 7 apartment units. This property is 100% leased and a great investment opportunity. Both commercial tenants on 5 year lease terms. There is a basement with coin laundry that brings extra money to Landlord on a monthly basis. Utilities for the building are Gas, Electric, City Water and Sewer. Landlord pays for the gas to the building (1 Boiler replaced 2020) which services all 7 apartments and 1 commercial tenant; electric to the common areas and laundry room. Apartment tenants have separate electric, separate gas for gas stoves. Commercial tenants have separate electric. One commercial tenant is separately metered for gas (with newer HVAC 2017), the other commercial tenant's heat is boiler which is paid by the Landlord. Current Cap rate is 8.8%, which makes for a great local investor.
