25 Gamble Street

About this property

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 Occupied Renovation 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

Highlights

Sewer

Public Sewer

Cooling

None

Heating

Forced Air

Water Source

Public

Lot Size Acres

0.25

Location