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Residential Income Property
For Sale
$230,000

1006 Gaston Avenue, Cambridge, OH 43725

A 2,372-square-foot property with central air, natural gas forced-air heat, and a full basement.

Property Size2,372 SF
Price / SF$96.96
Days on Market32

Property Features for 1006 Gaston Avenue

General Information

Standard status Active
Size 2,372 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $1,079

Amenities

Central Air
Natural Gas, Forced Air
Full
On Street

Building Details

Buildings 1
Stories 2
Listing Agency: WestCo Realty, LLC
Listed By: Carson West · License #2024005010
Source: Evrealestate
Added: Sep 5 Changed: Oct 4 Last Checked: Oct 5 at 5:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WestCo Realty, LLC

Investment Insights

Based on property information with market context.

This residential income property contains 2,372 square feet and includes central air, natural gas forced-air heating, and a full basement. On-street parking is available.

The property is at 1006 Gaston Avenue in Cambridge, Ohio. From downtown Cambridge, the described route follows 10th Street South to Gaston Avenue, then turns east at the intersection.

Key Highlights

  • 2,372 square feet of building area
  • Central air conditioning
  • Natural gas, forced‑air heating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,054
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,080 $361.1K
Cap Rate 7%
$257,914 $257.9K
Cap Rate 9%
$200,600 $200.6K
Market Conditions
NOI Build-Up for 2,372 SF
Gross rent
$35.3K $14.88/SF
− Vacancy
−$2.5K −$1.04/SF
EGI
$32.8K $13.84/SF
− OpEx
−$14.8K −$6.23/SF
NOI
$18.1K $7.61/SF
Area
Guernsey County, OH
Vacancy
7.00%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,080
Cap Rate 7%
$257,914
Cap Rate 9%
$200,600

Alternative Uses

Best Use
Apartment 5plus
$257.9K
$225.7K – $300.9K (±1% cap)
NOI $18,054 @ 7.0% cap · market cap 7.85%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$551.4K
$482.4K – $643.3K (±1% cap)
NOI $38,595 @ 7.0% cap · market cap 16.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Dental Office Garden Center Plumbing Service (Bike/Boat/Book/etc) Store Barber Shop Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

654
Businesses Nearby

Demographics for 43725, OH

19,520
Population
9,667
Households
2
Avg Household Size
43
Median Age
17%
College-Educated
88%
High-School Grad
124.2 sq mi
ZIP Area
157
Density / Sq Mi
$51,612
Median Household Income
$35,781
Median Earnings
$789
Median Rent
$160,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Residential income property - A 2,372-square-foot property with central air, natural gas forced-air heat, and a full basement.
Where is this residential income property located?
The property is located at 1006 Gaston Avenue Cambridge, OH.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 2,372 square feet of building area; Central air conditioning; Natural gas, forced‑air heating
More about this property
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