A short distance from Nelsonville’s Public Square is an incredible investment opportunity, never before on the market. Two tri-plex units on one parcel, consisting of 6 units, 13 bedrooms, plus a rare but useful property management office and storage unit with its own bathroom. Parking lot and dumpster are also located on-site. Property has a proven rental history and currently grosses $4,620 per month, with 5 of the 6 units occupied by long-term tenants. Consider an Airbnb here, because the building is walking distance from Stuart’s Opera House, Rhapsody Restaurant, and all the charm of the Square. A nearby hardware store makes the occasional repair a breeze. This and a second neighboring listing can be purchased together as a package of 7 buildings and 17 units, grossing approximately $150,000 per year.
View full listing detailsPrice: | $475,000 |
Address: | 174 W Washington St |
City: | Nelsonville |
County: | Athens |
State: | Ohio |
Zip Code: | 45701 |
MLS: | 2430375 |
Year Built: | 1999 |
Square Feet: | 4,534 |
Acres: | 0.250 |
Lot Square Feet: | 0.250 acres |
Bedrooms: | 13 |
Bathrooms: | 6 |
cooling: | Central Air |
heating: | Forced Air-Gas |
roofType: | Asphalt Shingle |
apnNumber: | P030120001400 |
utilities: | Water: City/Public, Natural Gas, Sewer: Municipal, Contact Utility Company, Power: AEP |
appliances: | Refrigerator, Water Heater- Electric, Oven/Range- Electric |
foundation: | Concrete Block |
totalUnits: | 6 |
listingType: | ForSale |
listingStatus: | Contingent |
propertyStyle: | Triplex, 4+ Units |
propertyType2: | Multi-Family Units |
listingStatus2: | AO-Contingent |
exteriorFeatures: | Work Shop, Deck(s) |
interiorFeatures: | Countertops- Laminate, Flooring- Carpet, Flooring- Laminate |
juniorHighSchool: | Nelsonville-York CSD |
officeFileNumber: | 351 |
directionsToProperty: | Find 180 W Washington - that building has a big "Schaffer Rentals sign on the side of it, if you approach from the Nelsonville Public Square. Turn into the alleyway closest to the sign and head straight back to the parking area. |
estimatedAnnualTaxes: | 4167 |
exteriorConstruction: | Block, Siding-Vinyl |
publicRemarksHeadline: | 6 Units plus Workshop, Close to Nelsonville Public Square! |