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18 North Avenue

Glouster, OH 45732
  • $165,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 225001507
$165,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1950
County:
Area:

School Ratings & Info

School District:

Description

Fantastic investment opportunity in Glouster, Ohio! This fully occupied triplex features a strong rental income of $2,150 per month, with unit rents of $650, $700, and $800. The property has been profitable every year and boasts extensive capital improvements over the last three years, including a brand-new deck, updated interiors (new carpet, bathroom fixtures, windows, and more), with over $18,000 invested in upgrades. So far in 2024, the property has generated $14,097 in income with a 37% profit margin. A rare chance to own a cash-flowing asset with solid returns, featuring stable occupancy, low maintenance due to recent upgrades, and the added opportunity to expand your investment portfolio with the neighboring property at 22 Fairlawn also for sale!

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© 2025 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Exp Realty. Data last updated: 2025-02-08T23:52:40.337.
www.columbusohrealestatesearch.com/homes/159527497
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18 North Avenue Glouster, OH 45732

  • Price: $165,000
  • Status: Active
  • On Site: 22 Days
  • MLS #: 225001507
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1950
Built
County:
Athens
Area:
Glouster
School District:
Trimble Lsd 505 Ath Co.
Property Description
Fantastic investment opportunity in Glouster, Ohio! This fully occupied triplex features a strong rental income of $2,150 per month, with unit rents of $650, $700, and $800. The property has been profitable every year and boasts extensive capital improvements over the last three years, including a brand-new deck, updated interiors (new carpet, bathroom fixtures, windows, and more), with over $18,000 invested in upgrades. So far in 2024, the property has generated $14,097 in income with a 37% profit margin. A rare chance to own a cash-flowing asset with solid returns, featuring stable occupancy, low maintenance due to recent upgrades, and the added opportunity to expand your investment portfolio with the neighboring property at 22 Fairlawn also for sale!
Exterior Features

Construction Vinyl Siding Yes Parking Features []

Interior Features

Building Area Total2 1440 Cooling Window Cooling YN Yes Gas Heat Yes Heating Forced AirOil

Property Features

Auction Online Bidding No Listing Terms [] Owner Pays [] Possible Use [] Property Sub Type Midrise Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 640 Tax Year 2023 Utilities GasElectricWater

Listing provided courtesy of Allison Lee of Athens Real Estate Co: 740-589-4600.


© 2025 Columbus Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Exp Realty. Data last updated: 2025-02-08T23:52:40.337.
 
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