169 Mill St Athens, OH 45701
- Residential income homes
- 1,651 SF
- 0.59 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 169 Mill St
- Year built
- 1950
- Lot size
- 0.59 lot acres
- Property size
- 1,651 SF
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- A02-70700008-00
- APU
- A027070000800
Description
This exceptional 1.334-acre property at 169-175 Mill St, Athens, OH 45701, presents a unique investment opportunity. The 1,651 square foot, single-story, Class B apartment building, built in 1950, currently features two rental units, generating immediate income. The property boasts a highly desirable location near the Stimson Avenue roundabout and the South Green entrance to Ohio University, placing it within easy reach of Jackie O's Brewery, the bike path, various retail establishments, restaurants, and large student housing complexes. Zoned R-3 for multi-family housing and also for manufacturing with numerous permitted uses (verify with the City Code office), this property offers significant potential for redevelopment and expansion. The large lot size provides ample space for future development, capitalizing on the booming growth in this high-demand area. This is a rare opportunity to acquire a substantial in-town parcel with excellent access and high potential for future returns. The property's APN is A027070000700, A027070000800. Don't miss this chance to secure a piece of Athens' thriving real estate market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Athens
- State
- Ohio
- Longitude
- -82.0934
- Latitude
- 39.3292
- CBSA code
- 11900
- CBSA name
- ATHENS, OH MICROPOLITAN STATISTICAL AREA
