OH > Glouster
Glouster, OH 45732,18 North St
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Glouster, OH 45732,18 North St
Glouster, OH 45732,18 North St
Glouster, OH 45732,18 North St
Glouster, OH 45732,18 North St
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Stephanie Wood

Stephanie Wood

+1(740) 707-1437
$ 159,900
Est. payment /mo
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Price Dropped by $5K

18 North St Glouster, OH 45732

3 Beds

3 Baths

6,098 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Resale Home, Investment Property (Rental)

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2432922

Style Triplex

Bedrooms 3

Year Built 1950

Annual Tax Amount $640

Lot Size 6,098 Sqft

Property Sub-Type Resale Home, Investment Property (Rental)

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!

Location

State OH

County Athens

Zoning None/Unknown

Interior

Interior Features Countertops- Laminate, Flooring- Carpet, Flooring- Linoleum

Heating Forced Air-Gas, Baseboard-Electric

Cooling Window Unit

Appliance Refrigerator, Water Heater- Nat. Gas, Oven/Range- Electric

Exterior

Exterior Feature Deck(s)

Utilities Available Water: City/Public, Natural Gas, Garbage Collection, Power: City/Public, Contact Utility Company

Roof Type Asphalt Shingle

Building

Structure Type Siding-Vinyl

Listed by The Athens Real Estate Co., Ltd.
agent

Stephanie Wood

Agent | License ID: 2006004406

+1(740) 707-1437

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18 North St