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18 North Avenue, 
Glouster, OH 45732

$165,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Allison Lee

Athens Real Estate Co

740-589-4600

Last updated:

April 16, 2025, 02:42 PM

MLS#

225001507

Source:

OH CBR

About This Home

18 North Avenue

Fantastic investment opportunity in Glouster, Ohio! This fully occupied triplex features a strong rental income of $2,150 per month, with unit rents of $650, $700, and $800. The property has been profitable every year and boasts extensive capital improvements over the last three years, including a brand-new deck, updated interiors (new carpet, bathroom fixtures, windows, and more), with over $18,000 invested in upgrades. So far in 2024, the property has generated $14,097 in income with a 37% profit margin. A rare chance to own a cash-flowing asset with solid returns, featuring stable occupancy, low maintenance due to recent upgrades, and the added opportunity to expand your investment portfolio with the neighboring property at 22 Fairlawn also for sale!

Home Facts

Multi-Family

Built in 1950

Price Summary

165,000

MLS #:

225001507

Last Updated:

April 16, 2025, 02:42 PM

Added:

4 month(s) ago


Structure

Structure

Year Built:

1950


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$165,000

Source:OH CBR
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Coldwell Banker Quest shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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