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In-PersonVirtual Tour
$ 265,000
Est. payment | /mo
4,791 Sqft Lot
$ 265,000
Est. payment | /mo
4,791 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Midrise
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225001504
Originating Board Columbus and Central Ohio Regional MLS
Year Built 1900
Annual Tax Amount $1,427
Lot Size 4,791 Sqft
Lot Dimensions 0.11
Property Description
Turnkey fourplex in Nelsonville, Ohio, offering exceptional cash flow and a proven track record of profitability. Fully occupied with a total rent roll of $3,130 per month, the property includes one 1-bed unit at $690, one 1-bed unit at $732, a 2-bed unit at $750, and a 4-bed unit at $1,000. Recent updates include a brand-new furnace in 2024 and numerous capital improvements over the past three years. Generating $30,190 in 2023 with a 47.8% profit margin and $32,274 through November of 2024, this property is an investor's dream. Detailed financial records available upon request. Don't miss this opportunity to own a high-performing asset in Southeastern Ohio!
Location
State OH
County Athens
Area 0.11
Rooms
Dining Room No
Interior
Heating Forced Air, Oil
Cooling Window
Equipment No
Schools
High Schools Nelsonville York Csd 504 Ath Co.
Others
Tax ID P03-01900093-00
Listed by Allison Lee Athens Real Estate Co