Property Description

Here’s an investment package that make all sorts of dollars and sense. Package includes 3 rental units. Two of the properties are situated side-by-side, so there’s already built into that setup some economies of scale. Both are 3 BR rentals, one of which is rented through May of 2022; the second home in charming and current tenants are out this May, providing a perfect opportunity to work on cosmetics and re-lease the Fall or flip the house and sell to a first-time homebuyer. Both properties include off-street parking. The third home in this package is a large, built-to-be-a duplex on N Lancaster. The two apartments are nearly identical, with one side rented and the other ready for either an investor to fill or an owner-occupant to own and occupy. Each boasts 3 BRs, hardwood floors, newer replacement windows, remodeled kitchen and baths and off-street parking. And for the developer, there’s the possibility of converting the spacious 3rd level into a third apartment. Please ask agent in advance to request access to this special space. The price on this package is lower than the sum of its parts, but the possibilities are greater than the sum of its parts. Great listing!

Property Features
Countertops- Laminate, Flooring- Wood
Siding-Aluminum, Siding-Wood
Water: City/Public, Sewer: Municipal, Contact Utility Company
Dishwasher, Refrigerator, Washer, Oven/Range- Electric, Dryer
4+ Units
Asphalt Shingle
forced air-gas, Furnace-gas
Central air
4
Russell Chamberlain
The Athens Real Estate Co., Ltd.

Multi Family For Sale

175 &2more N. Lancaster St Athens, Ohio 45701

0.48 Acre
$398,000
Basic Details
Year Built : 1900
Lot Size : 0.48 Acre
Annual Taxes : TBD
School District : Athens CSD
Address : 175 &2more N. Lancaster St Athens, Ohio 45701
Price : $398,000
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