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For sale
  • Price cut: $5.1K (2/27)
    $169,900

    22 Fairlawn Ave, Glouster, OH 45732

    3beds
    3baths
    --sqft
    : 
    Multi Family, Multi-Family Units, Investment Property (Rental), Triplex
    Built in 1900
    -- sqft lot
    $168,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Brand-new deck
    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!
    130 days
    on Zillow
    |
    216
    |
    6
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 02, 2025 at 06:32pm

    Listed by:

    Ally Rapp Lee (740)590-8998,

    The Athens Real Estate Co., Ltd.

    Source: Athens County BOR,MLS#: 2432921MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 22 Fairlawn Ave.

    Next available tour time:Today at 5:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Heating
    • Forced Air-Gas, Baseboard-Electric
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Refrigerator, Oven/Range- Electric
    Features
    • Laminate Counters
    • Flooring: Carpet, Laminate
    Interior area
    • Total structure area: 0
    Video & virtual tour

    Property

    Lot
    • Size: 6,098.4 Square Feet
    Details
    • Parcel number: M040030008300
    • Zoning description: None/Unknown

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Multi-Family Units, Investment Property (Rental), Triplex
    Materials
    • Vinyl Siding
    • Foundation: Concrete Block
    • Roof: Asphalt Shingle,Metal
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Power: AEP
    • Water: Public
    • Utilities for property: Natural Gas Connected, Garbage Collection, Contact Utility Company

    Community & HOA

    Location
    • Region: Glouster

    Financial & listing details

    • Tax assessed value: $44,730
    • Annual tax amount: $772
    • Date on market: 12/16/2024
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