Turnkey fourplex in Nelsonville, Ohio, offering exceptional cash flow and a proven track record of profitability. Fully occupied with a total rent roll of $3,130 per month, the property includes one 1-bed unit at $690, one 1-bed unit at $732, a 2-bed unit at $750, and a 4-bed unit at $1,000. Recent updates include a brand-new furnace in 2024 and numerous capital improvements over the past three years. Generating $30,190 in 2023 with a 47.8% profit margin and $32,274 through November of 2024, this property is an investor's dream. Detailed financial records available upon request. Don't miss this opportunity to own a high-performing asset in Southeastern Ohio!
Prime investment opportunity! This 3-unit complex, just a short walk to downtown Nelsonville. Unit A, 2-bed, 1-bath on the first floor, is currently rented at $600/month. Unit B, a 3-bed, 1-bath on the second floor, has a rental potential of $1,100/month. Unit C is a spacious, two-story 4-bed, 1-bath with 1,300+ sq. ft., currently rented at $1,300/month.Several appliances have been upgraded across the units. The property features off-street parking and elevated views, offering both privacy and accessibility. Don't miss this excellent income-generating opportunity!
Nelsonville is located in Ohio. Nelsonville, Ohio has a population of 4,319. Nelsonville is less family-centric than the surrounding county with 23.76% of the households containing married families with children. The county average for households married with children is 26.18%.
The median household income in Nelsonville, Ohio is $34,128. The median household income for the surrounding county is $47,061 compared to the national median of $69,021. The median age of people living in Nelsonville is 30.7 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 20.5 degrees. The average rainfall is approximately 39.6 inches per year, with 16.7 inches of snow per year.