309 S Third St, Racine, OH 45771
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309 S Third St, Racine, OH 45771
309 S Third St, Racine, OH 45771
309 S Third St, Racine, OH 45771
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Stephanie Wood

Stephanie Wood

+1(740) 707-1437
$ 189,000
Est. payment /mo
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309 S Third St Racine, OH 45771

6 Beds

4 Baths

1,412 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Apartments/Housing, Investment Property (Rental)

Listing Status Active

Purchase Type For Sale

Square Footage 1,412 sqft

Price per Sqft $133

MLS Listing ID 2435644

Bedrooms 6

Year Built 1930

Annual Tax Amount $993

Lot Size 10,890 Sqft

Property Sub-Type Apartments/Housing, Investment Property (Rental)

Property Description

INCOME-PRODUCING INVESTMENT OPPORTUNITY IN RACINE, OHIO Looking to expand your real estate investment portfolio? Take a look at this four-unit apartment building located at 309 S. Third Street in Racine, Ohio! This established rental property offers four individual apartments, providing multiple streams of rental income under one roof.The property features two 2-bedroom apartments, one 1-bedroom apartment, and one studio apartment, each with its own bathroom. Currently generating $2,425 in gross monthly rental income, or $29,100 annually, this property offers an opportunity for investors seeking an established rental investment. The building offers functional living spaces, updated electrical boxes, and opportunities for cosmetic improvements. Tenants pay their own electricity and heating expenses, while the owner covers water, sewer, and trash services. Whether you're looking to begin your investment journey or add another income-producing property to your portfolio, this four-unit rental property is worth a look!

Location

State OH

County Meigs

Zoning Commercial, Multi-Family

Interior

Interior Features Flooring- Laminate, Flooring- Concrete

Heating Other, Wall Heater

Cooling Window Unit

Exterior

Utilities Available Water: City/Public, Internet-Wireless, Natural Gas, Sewer: Municipal, Contact Utility Company, Power: AEP

Roof Type Architectural Shingle

Building

Foundation Concrete Block

Structure Type Concrete Block, Unknown/Other

Listed by Cleland Realty inc.
Stephanie Wood

Stephanie Wood

Agent License ID: SAL.2006004406

+1(740) 707-1437

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309 S Third St