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Price:
$98,500
MLS #:
2432008
Beds:
5
Baths:
4
Lot Size:
0.41 Acres
Yr. Built:
1997
Type:
Multi-Family
Multi Family - Resale Home, Investment Property (Rental)
Taxes/Yr.:
$840
Community:
Athens CSD
Address:
12675 Strouds Run Rd
Athens, OH 45701
High Cash Flow Investment Property, Priced to Sell
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."
Interior Features:
Ceiling Fans
Countertops- Laminate
Heating: Baseboard-Electric
Heating: Furnace-Propane
Exterior Features:
Construction: Unknown/Other
Foundation: Concrete Block
Roof: Asphalt Shingle
Appliances:
Cooling: None
Other Features:
Investment Property (Rental)
Resale Home
Style: Triplex
Utilities:
Contact Utility Company
Listing offered by:
Ryan Stolz - License# SAL.2015003594 with The Athens Real Estate Co., Ltd. (740) 589-4600.
Map of Location:
Data Source:
Listing data provided courtesy of: Athens County MLS (Data last refreshed: 09/07/24 10:45pm)
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Notice & Disclaimer: Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or purchasing. All information (including measurements) is provided as a courtesy estimate only and is not guaranteed to be accurate. Information should not be relied upon without independent verification.
Notice & Disclaimer: Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or purchasing. All information (including measurements) is provided as a courtesy estimate only and is not guaranteed to be accurate. Information should not be relied upon without independent verification.
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