A short distance from Nelsonville’s Public Square is an incredible investment opportunity, never before on the market. Four buildings contain a total of 11 units, plus a large parking lot is available on-site. Property currently grosses $5,320 per month, with 8 of 11 units occupied. This leaves room for your own tenants to move in, or you could begin a short-term rental business. The location can’t be beat, as it’s walking distance from Stuart’s Opera House, Rhapsody Restaurant, and all the charm of the Square. Plus, the 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: | $640,000 |
| Address: | 178 W Washington St |
| City: | Nelsonville |
| County: | Athens |
| State: | Ohio |
| Zip Code: | 45764 |
| MLS: | 2430376 |
| Year Built: | 1999 |
| Square Feet: | 7,628 |
| Acres: | 0.280 |
| Lot Square Feet: | 0.280 acres |
| Bedrooms: | 19 |
| Bathrooms: | 11 |
| cooling: | Central Air |
| heating: | Forced Air-Gas, Baseboard-Electric |
| roofType: | Asphalt Shingle |
| apnNumber: | P030120001600, P0301 |
| utilities: | Water: City/Public, Natural Gas, Sewer: Municipal, Contact Utility Company, Power: AEP |
| appliances: | Refrigerator, W/D Hookups, Water Heater- Electric, Oven/Range- Electric |
| foundation: | Concrete Block, Poured-wall, Brick |
| totalUnits: | 11 |
| listingType: | ForSale |
| listingStatus: | Contingent |
| propertyStyle: | Apartment, Four-Plex, Triplex, 4+ Units |
| propertyType2: | Multi-Family Units |
| listingStatus2: | AO-Contingent |
| exteriorFeatures: | Deck(s), Porch- Covered |
| 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 Public Square. Turn into the alleyway closest to the sign and head straight back to the parking area. |
| estimatedAnnualTaxes: | 6321 |
| exteriorConstruction: | Siding-Vinyl |
| publicRemarksHeadline: | 11 Units - Close to Nelsonville Public Square! |
