$165,000
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18 North Avenue Glouster, OH 45732
Other
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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 b...rand-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!
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MLS#
225001507
Property Type
Other
Year Built
1950
Lot Size
0.14
Sewer
Public Sewer
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