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USAOHGlouster22 Fairlawn Ave
22 Fairlawn Ave, Home with 3 bedrooms, 3 bathrooms and null parking in Glouster OH | Image 1
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$169,900

22 Fairlawn Ave, Glouster, OH

Real Estate

For Sale

$--,---,---
330
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size  sqft
Garage No
Taxes $772
Days Active 192
Lot Size 
Approx. Age 1900
MLS® Number 2432921

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Prime investment opportunity in Glouster, Ohio! Prime investment opportunity in Glouster, Ohio! This fully occupied triplex generates $1, 880 in monthly rental income, with two 1-bedroom units renting for $700 each and one 1-bedroom unit renting for $480. The property has been meticulously maintained, including a complete top to bottom remodel of two units in 2021-everything from subflooring to light fixtures was replaced-and the addition of a brand-new deck. A storage building on the property offers additional potential and could be converted into another rental unit to boost income. With paying tenants in place and $17, 869 in net income in 2023 at a 25% profit margin, this property needs nothing and is truly turnkey. An excellent chance to own a profitable asset with the added option to expand your portfolio by purchasing the neighboring triplex at 18 North, also for sale!Show Description
MLS® Number2432921
Laundry Level
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age1900
Basement
Driveway
Garage Spaces
HeatForced Air-Gas, Baseboard-Electric
A/CWindow Unit(s)
Heating Fuel

Extras

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