$80,000
$98,500
18.8%For more information regarding the value of a property, please contact us for a free consultation.
12675 Strouds Run Rd Athens, OH 45701
5 Beds
4 Baths
0.41 Acres Lot
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
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