13806 Locust StMurray City, OH 43144

  • Residential income properties
For Sale
$154,555 View listing

Property Details for 13806 Locust St

Year built
1920
Property type
Residential income properties
Property subtype
Multifamily properties

Description

This exceptional three-unit apartment building, located at 13806 Locust Street in Murray City, Ohio, presents a compelling investment opportunity. Built in 1920, this property sits on a spacious 14,374.8 square foot lot and boasts 100% occupancy. The asking price is $154,555, translating to $73.39 per square foot. Each of the three one-bedroom units is currently leased, generating a combined monthly rental income of $1852 ($727, $575, and $550 respectively). Significant upgrades and improvements totaling $20,000 have been completed within the last three years, enhancing the property's value and appeal. The property's convenient location, just 7 miles from US Route 33 Freeway, ensures easy access to major transportation routes. The seller is motivated, making this a rare chance to acquire a profitable multifamily property in a desirable location at a competitive price. This is a turnkey investment ready for immediate cash flow. The property is situated in Hocking County, Ohio, zip code 43144. Serious inquiries are encouraged.

13806 Locust St, Murray City, Ohio

Location Insight

City
Murray City
County
Hocking
State
Ohio
Latitude
39.5141
Longitude
-82.1649

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