Closed
$125,000
317 Central Ave, Rio Grande, OH 45674
3beds
3baths
1,314sqft
Multi Family, Multi-Family Units, Investment Property (Rental), Triplex
Built in 1944
-- sqft lot
$161,400 Zestimate®
$95/sqft
$977 Estimated rent
Home value
$161,400
$145,000 - $178,000
$977/mo
Zestimate® history
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Owner options
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What's special
Fantastic Investment Opportunity in Rio Grande. Red Storm Rentals LLC presents a remarkable opportunity for investors. This multifamily college space, strategically located in this quaint college town, boasts a spacious main unit with a basement studio and an additionally attached studio, perfect for accommodating students or tenants seeking separate living spaces. With modern amenities, and completely renovated to appeal to students' needs. The attached studio has a separate washer and dryer, totaling 2 sets for the rental. The property has a metal roof for durability and low maintenance. A fresh coat of paint and new laminate plank flooring was installed in the last 3 years. Whether you are looking to expand your investment portfolio or start your real estate journey, this property offers an excellent opportunity. Don't miss out on this chance to own a property in a high-demand location with the potential for profitable returns. Invest in Red Storm Rentals LLC and seize an advantageous venture in the realm of multifamily real estate.(All spaces are currently rented for the year and leases are NOT subject to change for the 2023-2024 school year.)
Zillow last checked: 8 hours ago
Listing updated: September 01, 2023 at 02:07pm
Listed by:
Jessica Green (740)645-4163,
ERA Martin & Associates,
Amanda Wilson (740) 440-4663,
ERA Martin & Associates
Bought with:
Jessica Green, 2022006517
ERA Martin & Associates
Source: Athens County BOR,MLS#: 2431108
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Forced Air-Gas
Cooling
- Window Unit(s)
Appliances
- Included: Microwave, Refrigerator, Washer, Electric Water Heater, Oven/Range- Electric, Dryer
Features
- Ceiling Fan(s), Walk-In Closet(s), Laminate Counters
- Flooring: Laminate
- Windows: Double Pane Windows
Interior area
- Total structure area: 1,314
- Total interior livable area: 1,314 sqft
Property
Features
- Patio & porch: Deck, Porch- Covered
- Exterior features: Rain Gutters
Lot
- Features: Trees
Details
- Additional structures: Out Building
- Parcel number: 02600112900
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Multi-Family Units, Investment Property (Rental), Triplex
Materials
- Vinyl Siding
- Foundation: Concrete Block
- Roof: Metal
Condition
- Year built: 1944
Utilities & green energy
- Electric: Power: AEP
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & neighborhood
Location
- Region: Rio Grande
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2023 | Sold | $125,000-21.4%$95/sqft |
Source: | ||
| 8/22/2023 | Pending sale | $159,000$121/sqft |
Source: | ||
| 8/17/2023 | Listed for sale | $159,000+112%$121/sqft |
Source: | ||
| 5/21/2019 | Sold | $75,000+123.9%$57/sqft |
Source: | ||
| 2/2/2010 | Sold | $33,500$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,416 +43.9% | $41,660 +56.5% |
| 2023 | $984 +17.9% | $26,620 +19.9% |
| 2022 | $835 +0.2% | $22,210 |
Find assessor info on the county website
Neighborhood: 45674
Nearby schools
GreatSchools rating
- 4/10Rio Grande Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Gallia Academy Middle SchoolGrades: 6-8Distance: 10.6 mi
- 3/10Gallia Academy High SchoolGrades: 9-12Distance: 8.4 mi
Schools provided by the listing agent
- Middle: Gallipolis CSD
Source: Athens County BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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