1 Lynette Dr Kingston, OH 45644-9003
This exceptional investment property located at 1 Lynette Drive, Kingston, OH 45644 presents a compelling opportunity for savvy investors. The 4,800 square foot building, constructed in 1969, sits on a 6,098.4 square foot lot and offers a substantial 5,112 square feet of net rentable space. Currently configured as a four-unit apartment building, the property boasts three two-bedroom units and one three-bedroom unit, presenting immediate income potential. Previously utilized as a furniture store, the building's layout offers flexibility and significant upside. With some renovations, this property could easily generate substantial rental income. The asking price is $250,000, translating to a price per square foot of $48.90. This represents a strong value proposition in the Kingston market. The property's location in Ross County, Ohio provides convenient access to local amenities and services. This is a rare opportunity to acquire a multi-family property with significant potential for growth and return on investment. Don't miss out on this chance to add a valuable asset to your portfolio.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.