For sale in New Lexington, Ohio: a fully renovated 3-unit property offering an exceptional income-generating opportunity. This turnkey investment includes a duplex and a charming rear cottage-style unit, each with its own distinctive character. Renovated just two years ago, all units feature brand-new HVAC systems, modern finishes, and updated utilities. With a strong rental history, all three units have been continuously leased since the renovation, and three active leases are currently in place. Side A of the duplex will become available at the end of August, presenting a perfect chance to re-rent for additional income or occupy as an owner-investor. Each unit is individually metered for gas, water, and electric, simplifying expense management. The property spans two parcels?one for the duplex and one for the cottage?offering flexibility for future development or resale. Located near schools, a public park, basketball court, and swimming pool, this property is highly attractive to families and long-term tenants. Move-in ready and poised for steady cash flow with potential for growth, this is a must-see for serious investors. Schedule a showing today!
Listed By
Agency Name: Ohio Broker Direct
Agency Contact: 614-989-7215, joan@ohiobrokerdirect.com
Shown By
Agency Title: Progressive Urban Real Estate
Agency Phone: (216) 619-9696
Estimated Payment
$ 850.78 per month $660.99 Principal & Interest $103.17 Property Tax $86.63 Homeowner's Insurance
500 Eastern Avenue | MLS# 5149912
This multi-family property located at 500 Eastern Avenue, New Lexington, OH 43764 is currently listed for sale with an asking price of $297,000. Eastern Avenue is located within the New Lexington City school district. Search New Lexington real estate on www.progressiveurban.com today.