INVESTORS TAKE NOTICE! 5-UNIT INCOME PROPERTY IN THE HIGHLY DESIRABLE EDISON SCHOOL DISTRICT!An excellent opportunity to acquire a 5-unit investment property in a peaceful rural setting within the sought-after Edison School District!INSTANT INCOME WITH VALUE-ADD POTENTIAL! Four of the five units are currently occupied, providing immediate rental income, while the vacant unit offers an opportunity for improvements and potential rent growth. With some cosmetic updates and strategic upgrades, there may be significant potential to increase rental income, build equity, and improve your overall return on investment. PROPERTY HIGHLIGHTS: * Five residential rental units * Four units currently occupied. No Section 8 tenants. * Three units are on month-to-month lease basis. * Desirable rural location in the Edison School District * Separate electric service for each unit * Shared water system and septic system * Septic system maintained by Franklin Sanitation * Opportunity to increase rental income through updates and improvements * Immediate income from existing tenantsUNIT CONFIGURATION:All 2 bd, 1 bathUnit A - Lower Rear: $650 Lease expires 2/28/2027Unit B - Lower: $1000Unit C - Upper: Vacant (Market Rent $1,100.00)Unit D - Upper: $1000 At-will since 7/31/2025Unit E - Lower: $950SHOWING INFORMATION: The vacant unit is available for showings. To respect the privacy of existing tenants and minimize unnecessary disruptions, occupied units will be made available for viewing upon receipt of a Letter of Intent (LOI). THE OPPORTUNITY- Purchase an income-producing property with existing cash flow, make strategic improvements over time, and potentially enjoy increased rental income and long-term appreciation. Experienced investors know the money is often made by recognizing potential before everyone else does! * To respect tenants privacy there are no interior photos of occupied units *
Multi-familyProperty Type
1920Year Built
0.36 acresLot Size
$76Price/Sq.Ft.
Listed by Tarina Sidoti• Berkshire Hathaway HomeServices Pro. - Sandusky
The following reasons are given in evidence to support the purposes for which this zoning district is intended to accomplish: Land containing agricultural value should be preserved because it is a vital resource.; Land with agricultural value justifies design requirements which attempt to support a town-country spatial relationship.; Agricultural zoning permits the timing of land allotments to urban purposes in keeping with a theory of maximizing supporting public utilities so as to achieve the greatest of service for each dollar of capital expenditure.; Indiscriminate urbanizing of agricultural lands adversely affects the remaining owners of land pursuing agricultural endeavors by creating urban land values and character.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 17 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Milan, OH • 44846
Average low and high temperatures (°F)
29
16
36
22
55
36
64
45
67
51
80
63
84
68
78
61
76
54
67
47
52
39
39
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Milan. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.6 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 13103 Old Mudbrook Rd
$299,601
$601 over list price of $299K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $208K to $455K.