This investment property is priced to sell and listed under market and appraised value. Current rent on the three units brings in a gross of $2,090 a month which will net the new owner a generous monthly cash flow. You don’t even have to break out the calculator to figure that out. The property itself includes a single wide duplex that has not been converted to real estate, (each unit is currently rented for $670 a month), and a 3 bedroom, 2 bath 1997 double wide that currently rents for $750 a month. If this isn’t enough to raise your eyebrows, let’s talk about the location. This property borders Strouds Run State Park, being the last house before the park entrance. Stouds offers over 2600 acres of public land including Dow Lake for swimming, kayaking, fishing, and boating as well as extensive trails for hiking, running or biking. Short term: enjoy the cash flow. Long term: great property for a new build cabin or two with a great potential for a short term rental, especially with the close proximity to town. Property is being sold “as-is.”
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Price: | $98,500 |
Address: | 12675 Strouds Run Rd |
City: | Athens |
County: | Athens |
State: | Ohio |
Zip Code: | 45701 |
MLS: | 2432008 |
Year Built: | 1997 |
Acres: | 0.41 |
Lot Square Feet: | 0.41 acres |
Bedrooms: | 5 |
Bathrooms: | 4 |
cooling: | None |
heating: | Baseboard-Electric, Furnace-Propane |
roofType: | Asphalt Shingle |
apnNumber: | E02-00200285-00 |
utilities: | Contact Utility Company |
foundation: | Concrete Block |
totalUnits: | 3 |
listingType: | ForSale |
listingStatus: | Contingent |
propertyStyle: | Triplex |
propertyType2: | Multi-Family Units |
listingStatus2: | AO-Contingent |
interiorFeatures: | Ceiling Fans, Countertops- Laminate |
juniorHighSchool: | Athens CSD |
officeFileNumber: | 227 |
directionsToProperty: | Head out of town on Columbia, take a right on Strouds Run Rd |
estimatedAnnualTaxes: | 840 |
exteriorConstruction: | Unknown/Other |
publicRemarksHeadline: | High Cash Flow Investment Property, Priced to Sell |