Michele Anderson
Refine Search

500 Eastern Avenue, New Lexington, OH 43764

$297,000
  • 500 Eastern Avenue, New Lexington, OH 43764 Main Photo
Virtual Tour

20 Total Photos [Click to View All]

Active
BEDS6 BATHS3 full SQUARE FEET2,500 MLS#5149912
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONFi Rst Add SCHOOLNew Lexington City

Property Description

For sale in New Lexington, Ohio: a fully renovated 3-unit property offering an exceptional income-generating opportunity. This turnkey investment includes a duplex and a charming rear cottage-style unit, each with its own distinctive character. Renovated just two years ago, all units feature brand-new HVAC systems, modern finishes, and updated utilities. With a strong rental history, all three units have been continuously leased since the renovation, and three active leases are currently in place. Side A of the duplex will become available at the end of August, presenting a perfect chance to re-rent for additional income or occupy as an owner-investor. Each unit is individually metered for gas, water, and electric, simplifying expense management. The property spans two parcels?one for the duplex and one for the cottage?offering flexibility for future development or resale. Located near schools, a public park, basketball court, and swimming pool, this property is highly attractive to families and long-term tenants. Move-in ready and poised for steady cash flow with potential for growth, this is a must-see for serious investors. Schedule a showing today!

500 Eastern Avenue | MLS# 5149912

This multi-family property located at 500 Eastern Avenue, New Lexington, OH 43764 is currently listed for sale with an asking price of $297,000. Eastern Avenue is located within the New Lexington City school district. Search New Lexington real estate on manderson.progressiveurban.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space, Dirt Floor, Partially Finished
Basement: Yes
Cooling: Central Air, Wall/Window Unit(s)
Heating: Gas
Lot Size: 0.15 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $1,238 / year
Year Built: 1991

Amenities

Ceiling Fan(s)

Feature Descriptions

Appliances: Dryer, Refrigerator, Washer
Community Features: Playground, Park, Pool
Days on Site: 204
Exterior: Vinyl Siding
Fencing: None
Laundry: Laundry Room, In Unit
Lot: Back Yard, Corner Lot, Front Yard
Parcel#: 270003010000
Parking: Gravel, Kitchen Level, On Site
Pool: Community
Sewer: Public Sewer
Swimming Pool: Yes
Water: Public
Window: Double Pane Windows

Local Schools

School District: New Lexington City

Listed By / Shown By

Listed By

Agency Name: Ohio Broker Direct
Agency Contact: 614-989-7215, joan@ohiobrokerdirect.com

Shown By

Agent Name: Michele Anderson
Agent Phone: (216) 374-7492
Agency Title: Progressive Urban Real Estate

IDX logo

Estimate Your Payment

Estimated Payment

$ 850.78 per month $660.99 Principal & Interest $103.17 Property Tax $86.63 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Login to My Homefinder

Pixel