30 High StDelaware, OH 43015

Property Details for 30 High St

Year built

1969

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

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.

Location Insight

City

Delaware

County

Delaware

State

Ohio

Latitude

40.2918

Longitude

-83.0749

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