1 Lynette DrKingston, OH 45644

  • Land
  • 5,112 SF
For Sale
$250,000 View listing

Property Details for 1 Lynette Dr

Year built
1969
Lot size
0.28 AC
Property size (Sq ft)
5,112 SF
Property type
Land
Property subtype
Commercial land
APN
15-01-13-535.000
APU
150113535000

Description

This exceptional investment property located at 1 Lynette Drive, Kingston, OH 45644 presents a compelling opportunity for savvy investors. The 4,800 square foot building, constructed in 1969, sits on a 6,098.4 square foot lot and offers a substantial 5,112 square feet of net rentable space. Currently configured as a four-unit apartment building, the property boasts three two-bedroom units and one three-bedroom unit, presenting immediate income potential. Previously utilized as a furniture store, the building's layout offers flexibility and significant upside. With some renovations, this property could easily generate substantial rental income. The asking price is $250,000, translating to a price per square foot of $48.90. This represents a strong value proposition in the Kingston market. The property's location in Ross County, Ohio provides convenient access to local amenities and services. This is a rare opportunity to acquire a multi-family property with significant potential for growth and return on investment. Don't miss out on this chance to add a valuable asset to your portfolio.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $986,250
    Hospitality
    $903,400
    Educational
    $751,618
    Medical
    $777,468
    Retail
    $1,169,184
1 Lynette Dr, Kingston, Ohio

Location Insight

City
Kingston
County
Ross
State
Ohio
Latitude
39.4679
Longitude
-82.9123
CBSA code
17060
CBSA name
CHILLICOTHE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$220
$4,200
-
$4,200
-
$12,000
-
$12,000

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