416 Adams ST new Save Request In-Person Tour Request Virtual Tour
Steubenville,OH 43952
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5140285
HOA Y/N No
Year Built 1909
Annual Tax Amount $558
Tax Year 2024
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Apartment
Property Description
Take a look at this excellent investment opportunity in the heart of downtown Steubenville! This fully occupied commercial apartment building is ideally located just 6 minutes from Franciscan University and a short 8-minute drive to Weirton. The property includes 10 rental units—8 one-bedroom, one-bath apartments currently leased at $750 per month, and 2 units featuring an open layout with combined kitchen, bedroom, and bathroom leased for $650 a month. The building generates a net monthly income of approximately $5,000, with strong potential for increased revenue through rent adjustments or future improvements. Updates have been made, including newer doors and vinyl showers in 2020. In 2019, a structural wall was installed near the rear basement entrance, along with new cement work and a chain-link fence. A newly constructed wooden staircase, built in 2024, provides exterior access at the back of the building. The first floor is currently used for storage and also includes a bedroom with a full bathroom, offering additional flexibility or rental potential.
Location
State OH
County Jefferson
Rooms
Basement Full,Finished
Interior
Heating Gas
Cooling Electric
Fireplace No
Exterior
Parking Features On Street
Fence Chain Link
Water Access Desc Public
Present Use Residential,Single Family
Building
Sewer Public Sewer
Water Public
Schools
School District Steubenville Csd - 4104
Others
Tax ID 07-03051-000
Special Listing Condition Standard