504 Richland Ave, Athens, OH 45701
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Stephanie Wood

Stephanie Wood

+1(740) 707-1437
$ 429,300
Est. payment /mo
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504 Richland Ave Athens, OH 45701

6 Beds

6 Baths

0.26 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type HOA-No, Investment Property (Rental)

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2435537

Style 4+ Units

Bedrooms 6

Year Built 1965

Annual Tax Amount $6,813

Lot Size 0.260 Acres

Property Sub-Type HOA-No, Investment Property (Rental)

Property Description

Ready to add a proven income-producing property to your portfolio? This fully rented 6-unit apartment building delivers immediate cash flow with a setup that keeps tenants coming. Each unit offers one bedroom, one full bath, a full kitchen, and its own off-street parking space. On-site laundry exclusively for tenant use adds even more convenience. One-bedroom units are hard to find in Athens, helping make these apartments consistently desirable and easy to rent. The location is another win, just minutes from Ohio University campus, uptown Athens, shopping, dining, and everything Athens has to offer. With all six units occupied, there's no waiting to generate income and no lease-up period to navigate. Whether you're expanding your portfolio or looking for a solid multifamily investment, this one deserves your attention. Six units generating $48,000 annually with proven rental demand, and numbers that work. Opportunities like this don't come along every day, so put this one at the top of your investment list!

Location

State OH

County Athens

Zoning Commercial

Interior

Interior Features Countertops- Laminate, Flooring- Vinyl, Flooring-Luxury Vinyl Tile

Heating Baseboard-Electric

Cooling Window Unit

Appliance Refrigerator, Water Heater- Electric, Oven/Range- Electric, Microhood

Exterior

Exterior Feature Gutters & Downspouts, Outdoor Lighting

Utilities Available Water: City/Public, Sewer: Municipal, Garbage Collection, Internet-Cable, Power: AEP

Roof Type Asphalt Shingle

Building

Foundation Slab on Grade

Structure Type Brick

Listed by Ohio Realty
Stephanie Wood

Stephanie Wood

Agent License ID: SAL.2006004406

+1(740) 707-1437

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504 Richland Ave