13806 Locust St Murray City, OH 43144
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 13806 Locust St
- Year built
- 1920
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional three-unit apartment building, located at 13806 Locust Street in Murray City, Ohio, presents a compelling investment opportunity. Built in 1920, this property sits on a spacious 14,374.8 square foot lot and boasts 100% occupancy. The asking price is $154,555, translating to $73.39 per square foot. Each of the three one-bedroom units is currently leased, generating a combined monthly rental income of $1852 ($727, $575, and $550 respectively). Significant upgrades and improvements totaling $20,000 have been completed within the last three years, enhancing the property's value and appeal. The property's convenient location, just 7 miles from US Route 33 Freeway, ensures easy access to major transportation routes. The seller is motivated, making this a rare chance to acquire a profitable multifamily property in a desirable location at a competitive price. This is a turnkey investment ready for immediate cash flow. The property is situated in Hocking County, Ohio, zip code 43144. Serious inquiries are encouraged.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Murray City
- County
- Hocking
- State
- Ohio
- Longitude
- -82.1649
- Latitude
- 39.5141
