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MLS® 5167684

  • Key Facts
  • Description
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Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $18,458
Approx. Age 1928
MLS® Number 5167684

Property Address: 243 E Main St, Alliance, OH, 44601-2422

Average square foot calculated using Size range provided by listing agent.

Description

Investment Opportunity, Stabilized Apartment Buildings With Incredible Value-Add Opportunity, 43 Total Residential Units, 4 Commercial Units. Offered Separate And Together, Great Income Producing W/ Many Updates. Stark County, Alliance City, Close To The University Of Mount Union. Live Auction With Online Bidding Available. ABSOLUTE AUCTION, all sells to the highest bidders on location. ONLINE BIDDING BEGINS TUESDAY, NOVEMBER 18, 2025, AT 12:00 PM, AND AUCTION LIVE ON-SITE BIDDING WILL BEGIN FRIDAY, NOVEMBER 21, 2025, AT 12:00 PM. We are excited to present an incredible and rare opportunity to own three historic downtown apartment buildings. At current rents and occupancy, the total gross annual income equates to $411, 000+. The buildings are stabilized, but leave plenty of value-add opportunities as apartments naturally turn. The projected gross-annual income of all apartments and available commercial space (excluding the City of Alliance’s space) is $600, 000+. These well-constructed buildings were converted to apartments in approximately 2005. The buildings are located in the heart of downtown Alliance and close to The University of Mount Union. Owners have taken exceptional care of the buildings and made substantial investments in property improvements. Buy one, two, or all three. Buildings will be offered separately as well as a package deal. Please respect the tenants’ privacy. The buildings will be open on auction day, starting at 10:30 AM. Contact the auctioneer with questions on how to purchase. Check out our website for complete details.
MLS® Number5167684
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1928
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
-Sold Price

Pending

Oct 27, 2025List Date
Contact for Price
  • Commute

Commute

Starting Address
Destination Address
243 E Main St, Alliance, OH

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