Remodeled Triplex Income
22 Fairlawn Avenue Glouster, OH 45732
For Sale
Contact for pricing
Pending
Fully occupied triplex with three 1-bedroom units, remodeled updates in two units, and an additional storage building.
Days on Market551
Property Features for 22 Fairlawn Avenue
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing Agency:
Athens Real Estate Co
Listed By:
Ally Rapp Lee · License #OH 2015002306
Source:
Crexi
Added: Jan 19, 2025
Changed: Jul 23
Last Checked: Jul 23 at 8:18AM
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 Athens Real Estate Co
Investment Insights
Based on property information with market context.
This fully occupied triplex includes three 1-bedroom rental units. The property has been maintained with a top-to-bottom remodel of two units completed in 2021, including replacement of subflooring and light fixtures, and a new deck. Additional on-site storage building provides extra utility and may offer expansion potential.
The property is located at 22 Fairlawn Avenue in Glouster, Ohio. Public remarks indicate the property generated $1,880 in monthly rental income, with two units rented for $700 each and one unit rented for $480.
According to public remarks, net income was reported as $17,869 in 2023 with a 25% profit margin. The sale is presented as a turnkey investment with paying tenants in place.
The property is located at 22 Fairlawn Avenue in Glouster, Ohio. Public remarks indicate the property generated $1,880 in monthly rental income, with two units rented for $700 each and one unit rented for $480.
According to public remarks, net income was reported as $17,869 in 2023 with a 25% profit margin. The sale is presented as a turnkey investment with paying tenants in place.
Key Highlights
- Fully occupied triplex in Glouster, OH with three 1‑bedroom units
- Monthly rental income totals $1,880: two units at $700 and one unit at $480
- Two units were fully remodeled in 2021, including replaced subflooring and light fixtures
Property Analytics
Location Intelligence
Current Use by Public Records
Bottomless caverns
Family Recreation Center
Great Caverns
Public Bathroom
Glouster Caverns
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Triplex - Fully occupied triplex with three 1-bedroom units, remodeled updates in two units, and an additional storage building.
Where is this triplex located?
The property is located at 22 Fairlawn Avenue Glouster, OH.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Fully occupied triplex in Glouster, OH with three 1‑bedroom units; Monthly rental income totals $1,880: two units at $700 and one unit at $480; Two units were fully remodeled in 2021, including replaced subflooring and light fixtures
