500 Eastern Avenue, New Lexington, OH 43764
- $297,000
- 6
- BD
- 3
- BA
- 2,500
- SqFt
- List Price
- $297,000
- Status
- ACTIVE
- Days on Market
- 346
- Price Change
- ▼ $12,000 1757819212
- MLS#
- 5149912
- Subtype
- Residential Income
- Year Built
- 1991
- Bedrooms
- 6
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,500
- Acres
- 0.15
- Subdivision
- Fi Rst Add
- Neighborhood
- Fi Rst Add
- MLS Area Major
- Pike Twp
Property Description
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!
Additional Information
- Interior Features
- Ceiling Fan(s)
- Taxes
- $1,238
- Appliances
- Dryer, Refrigerator, Washer
- Heating
- Gas
- Air Conditioning
- Central Air, Wall/Window Unit(s)
- Stories
- 2
- Levels
- Two
- Roof
- Metal
- Parking Features
- Gravel, Kitchen Level, On Site
- School District
- New Lexington CSD - 6402
Listing Courtesy of: Joan Elflein, sold@ohiobrokerdirect.com With Ohio Broker Direct
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