Move-in-ready multi-family opportunity in Lancaster! Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this spacious brick property offers plenty of possibilities. With approximately 3,933 square feet of living space, this two-story multi-family home provides generous room throughout and is ready for its next owner. The property features 5 total bedrooms, 3 full bathrooms, a full basement, central air, gas heat, and public water and sewer. Conveniently located in Lancaster, this property combines the character of an established brick home with the versatility buyers are looking for in a multi-family property. Move right in and make it your own, or take advantage of the opportunity to generate rental income. A great option for an owner-occupant, investor, or multi-generational living arrangement. Schedule a showing and see what this property has to offer.
Rare opportunity to own TWO updated homes on one parcel! Whether you're looking for an investment property, multi-generational living, or the opportunity to offset your mortgage by living in one home and renting the other, this unique property offers exceptional flexibility. The main home features 3 bedrooms and 1 full bath with a spacious living room, dining area open to the kitchen, convenient first-floor laundry, and three bedrooms located upstairs. Recent updates include all new flooring, fresh paint throughout, an updated kitchen, and a beautifully remodeled bathroom. Brand new siding on main house! Relax on the inviting covered front porch complete with a porch swing. Located behind the main home, the charming 1-bedroom, 1-bath bungalow has also been completely updated. It offers a comfortable living room, kitchen, full bath, and private bedroom, making it ideal for rental income, guests, or extended family. A standout feature of this property is that each home has separate utilities, providing convenience and added appeal for investors. The property offers excellent income potential! Whether you're expanding your investment portfolio or searching for a versatile owner-occupant opportunity, this property is one you won't want to miss! Property owned by Ohio licensed real estate agent.
TWO HOMES. ONE PROPERTY. SO MANY POSSIBILITIES! Welcome to 324 & 324 1/2 E Sixth Avenue, a unique opportunity offering **two separate homes on one property!** Whether you're looking for multi-generational living, space for extended family, or the possibility of living in one home while renting the other, this property offers flexibility that's hard to find. The front home features 3 bedrooms and 1.5 baths. You will see the possibilities with abundant room! Detached 2-car garage provides additional parking and storage. Tucked behind the main home is a completely separate 2 bedroom, 1.5-bath second home, opening the door to a variety of living arrangements and potential income opportunities. With 6 total bedrooms, 3 total baths, two separate residences, a detached 2-car garage, and outdoor living space, there's a lot of opportunity packed into one property. Live in one and rent the other. Keep family close while maintaining separate spaces. Or add a unique two-home property to your investment portfolio. Two houses for the price of one, come see the possibilities at 324 & 324 1/2 E Sixth Avenue!
Cute 2 unit building with 2 BR, 1 Bath on one side and 1 BR, 1 bath on the other. Off street parking off the alley. Covered front porches and nice size back yard.
Great investment opportunity. This two unit property consists of two houses. The front house has 740 square feet and is a 2 BR, 1 bath with a basement and covered front porch. The back house (off the alley) is a 2 BR, 1 Bath ranch with approximately 570 sq. ft. The back house has a metal roof. Parking on street and in the rear. Nice concrete pad for parking. 24 hour notice required for showings.
Duplex Investment Opportunity in Lancaster!! 422 424 E Fifth Avenue is a spacious two story duplex offering a total of 2,644 square feet and features two separate 3-bedroom units. Recent updates include new flooring in unit 424 kitchen/laundry/half bathroom and privacy fence. Unit 424- 3 bedrooms and 1 full bath upstairs with 1/2 bath on the first floor. Tenant occupied- 1 year lease / 1,200 in rent. Washer and dryer are tenant owned. Unit 422- 3 bedrooms and 1 full bathroom upstairs. Tenant occupied (been there ~4 years) month to month / 1,300 in rent. Stove, refrigerator, washer, and dryer are tenant owned. Both units feature a nice sized living area, kitchen, and first floor laundry while on a crawl space. The property is completely fenced and divided to provide privacy for both units. Convenient alley access to a shed and four parking spaces in the back. Parking in front of the property is available as well. Tenants pay all utilities and are responsible for lawn care. Get ready to add this to your rental portfolio!
Looking for an investment property? Maximize your situation by living in one unit and renting out the other. The home could easily be a short term rental as well. This historic, Italianate beauty is close to the downtown action. Original woodwork, hardwood floors, beautiful fireplaces, tall ceilings and a cascading staircase are just some of the features this home has to offer. All appliances convey with the property. A first floor laundry room is a huge plus, along with hookups on the second floor. The spacious backyard and brick patio area lend themselves to a multitude of activities. There's even space to build your own garage. The exterior has been recently painted. The auditor's site states a four bedroom but because of modifications over the years, it's currently listed as a three bedroom. The duplex would consist of a one-bedroom unit downstairs and a two-bedroom unit upstairs. Each would have their own private entrance. The home is currently zoned as a duplex or single-family dwelling depending on your needs.
Andrea D. Conner, License BRKP.2017002935, Xome Inc., License REC.2015001703, [email protected], 844-400-XOME (9663), 11427 Read Hartman Hwy, Suite 236, Cincinnati, OH 45241
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Lancaster is located in Ohio. Lancaster, Ohio has a population of 40,360. Lancaster is less family-centric than the surrounding county with 28.79% of the households containing married families with children. The county average for households married with children is 34.4%.
The median household income in Lancaster, Ohio is $50,994. The median household income for the surrounding county is $77,241 compared to the national median of $69,021. The median age of people living in Lancaster is 39.4 years.
The average high temperature in July is 85 degrees, with an average low temperature in January of 19.9 degrees. The average rainfall is approximately 39.6 inches per year, with 18.1 inches of snow per year.
