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The Athens Real Estate Company
540 West Union Street
Athens, Ohio 45701
(740) 589-4600
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174 W Washington St

Active Under Contract
  • $475,000
  • Property Type: MultiFamily
  • Location: Nelsonville
  • Beds: 13
  • Baths: 6
  • Sq Ft: 4,534
  • Lot Sq Ft: 0.250 acres
  • Acres: 0.250
  • Description
  • Details
  • Photos

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 details
Price: $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!
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Founded in 2007, The Athens Real Estate Company is the largest, most innovative, creative and forward-thinking real estate company in southeast Ohio. At the core of our business philosophy is a commitment to extraordinary service, honesty, and clear communication.

Photography in the communities section on the main page, courtesy of the Athens County CVB

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