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Off market
  • $287,900

    197-199 Madison St, Nelsonville, OH 45764

    12beds
    4baths
    --sqft
    MultiFamily
    Built in 1986
    -- sqft lot
    $287,900 Zestimate®
    $--/sqft
    $1,198 Estimated rent

    Owner options

    List your home for rent

    $1,198/mo

    Rent Zestimate®

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    $1,198/mo

    Rent Zestimate®

    Refinance and save

    $1,803/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $1,803/mo

    Est. payment

    What's special

    If you are ready to get started in the real estate investment world or looking to expand your existing portfolio, look no further than this amazingly well-cared for property, featuring not just one, but two duplexes! That's right, for less than $200K you'll own 4 nice-sized apartments, all with excellent rental histories. Situated on a large lot with ample parking and nice outdoor areas for tenants, these spacious units have lots of updates, including new paint, newer roofs, new carpet, new hot water heater, improved landscaping and exterior lighting, and more. And you can take this one to the bank: total current gross income is over $3350/month, or just over $40,000 annually. You won't find that kind of return on your investment many other places. Pre-qualified buyers only please. Priced to sell and won't last long.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 4
    Heating
    • Baseboard, Forced air, Gas
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator
    Features
    • Ceiling Fans, Countertops- Laminate, Flooring- Carpet

    Property

    Lot
    • Size: 0.34 Acres
    Details
    • Parcel number: P030060011800

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Metal
    Condition
    • Year built: 1986

    Utilities & green energy

    • Utilities for property: Contact Utility Company

    Community & neighborhood

    Location
    • Region: Nelsonville

    Other

    Other facts
    • Appliances: Dishwasher, Refrigerator, Dryer, Water Heater- Electric, Oven/Range- Electric, Range Hood, Garbage Disposal
    • Cooling: Window Unit
    • Heating: Forced Air-Gas, Baseboard-Electirc
    • Foundation: Concrete Block
    • Interior Features: Ceiling Fans, Countertops- Laminate, Flooring- Carpet
    • Features And Inclusions: Ceiling Fans, Refrigerator, Countertops- Laminate, Flooring- Carpet, Gutters & Downspouts, Water Heater- Electric, Oven/Range- Electric, Dryer, Range Hood, Dishwasher, Garbage Disposal
    • Roof Type: Metal, Asbestos
    • Utilities: Contact Utility Company
    • Exterior Features: Gutters & Downspouts
    • Property Style: Four-Plex
    • Exterior Construction: Composite
    • ListingType: ForSale
    • Property Type: Multi Family