269 New StMount Sterling, OH 43143

Property Details for 269 New St

Year built

1930

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

This charming two-unit apartment building, located at 269 New Street in Mount Sterling, Ohio, presents a compelling investment opportunity. Built in 1930, this property sits on a sizable 7,405.2 square foot lot and offers a total of two units, each featuring two bedrooms and one bathroom. The asking price is $190,000, translating to a price per square foot of $111.37. Currently, the units are occupied by month-to-month tenants with no formal leases in place, providing flexibility for the new owner. This property is ideal for both seasoned investors looking to expand their portfolio and first-time investors seeking a house hack opportunity. The property's location in Mount Sterling, Madison County, Ohio (zip code 43143) offers convenient access to local amenities and services. The property's age and size present a unique opportunity for renovation and value enhancement, allowing for potential increased rental income. This is a rare chance to acquire a well-situated multifamily property in a desirable Ohio location. The property's current status offers immediate income potential and the possibility for long-term growth. Serious inquiries are encouraged.

Location Insight

City

Mount Sterling

County

Madison

State

Ohio

Latitude

39.724

Longitude

-83.2709

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