416 Adams Street, Steubenville, OH 43952 - Jefferson County

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.

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