For Sale
$284,900

30 High StDelaware, OH 43015

Classic Ohio duplex near OWU, strong rental income.

Overview

Added:
Dec 11, 2024
Days on market:
115
This classic two-unit duplex located at 30 High Street in Delaware, Ohio, presents a compelling investment opportunity. Built in 1969, this property sits on a 7,405.2 square foot lot and offers a combined rental income of $1,945 per month. Each unit boasts two bedrooms and one bathroom, with current tenants in place. Apartment #1 commands a monthly rent of $995, while Apartment #2 rents for $950 per month. The asking price for this property is $284,900, translating to a price per square foot of $181.23. The owner provides each unit with essential kitchen appliances, while tenants are responsible for all utilities. Recent updates enhance the property's value and appeal, including upgraded light fixtures, flooring, countertops, cabinets, water heaters, and plumbing. The property's convenient location near Ohio Wesleyan University (OWU) and downtown Delaware ensures strong rental demand and potential for future appreciation. This is an excellent opportunity for investors seeking a stable, income-generating property in a desirable Ohio location. The property is zoned for multifamily use and offers a solid return on investment.

Highlights

  • Classic two-unit duplex in Delaware, OH, built in 1969.
  • Situated on a 7,405.2 sq ft lot.
  • Generates $1,945 monthly rental income from two 2 bed/1 bath units.
  • Asking price: $284,900 ($181.23/sq ft).
  • Recently updated with new fixtures, flooring, countertops, cabinets, water heaters, and plumbing.
  • Excellent location near Ohio Wesleyan University and downtown Delaware.

Property Details for 30 High St

Property type
Apartment buildings, Small apartment buildings
Year Built
1969
Units
2

Location Insight

City
Delaware
County
Delaware
State
Ohio
Latitude
40.2917793
Longitude
-83.0748516
30 High St, Delaware, Ohio

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30 High St
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