Athens, OH 45701,12675 Strouds Run Rd

$80,000

Est. payment /mo

$98,500

18.8%
Est.Price: ?

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12675 Strouds Run Rd Athens, OH 45701

5 Beds

4 Baths

0.41 Acres Lot

SOLD DATE : 09/10/2024

Key Details

Sold Price $80,000

Property Type Multi-Family

Sub Type Resale Home, Investment Property (Rental)

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 2432008

Sold Date 09/10/24

Style Triplex

Bedrooms 5

Year Built 1997

Annual Tax Amount $840

Lot Size 0.410 Acres

Property Sub-Type Resale Home, Investment Property (Rental)

Property Description

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."

Location

State OH

County Athens

Interior

Interior Features Ceiling Fans, Countertops- Laminate

Heating Baseboard-Electric, Furnace-Propane

Cooling None

Exterior

Utilities Available Contact Utility Company

Roof Type Asphalt Shingle

Building

Foundation Concrete Block

Structure Type Unknown/Other

Read Less

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Listed by The Athens Real Estate Co., Ltd.
agent

Zack Ruff

Agent | SAL.2024002027

+1(740) 245-2628

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