18 North St

Fantastic investment opportunity in Glouster, Ohio! This fully occupied triplex features a strong rental income of $2,150 per month, with unit rents of $650, $700, and $800. The property has been profitable every year and boasts extensive capital improvements over the last three years, including a brand-new deck, updated interiors (new carpet, bathroom fixtures, windows, and more), with over $18,000 invested in upgrades. So far in 2024, the property has generated $14,097 in income with a 37% profit margin. A rare chance to own a cash-flowing asset with solid returns, featuring stable occupancy, low maintenance due to recent upgrades, and the added opportunity to expand your investment portfolio with the neighboring property at 22 Fairlawn also for sale!

© 2024 Athens County Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of ACBOR. Real estate listings held by IDX Brokerage firms other than The Athens Real Estate Company are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. Listing courtesy of The Athens Real Estate Co., Ltd.. Data last updated: Sunday, December 29th, 2024 at 12:59:37 AM.