202 Gay St Plain City, OH 43064
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 202 Gay St
- Year built
- 1900
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a charming, two-story brick building located at 202 Gay Street in Plain City, Ohio, 43064. The property encompasses a total of approximately 4,188 square feet on a 6,534 square foot lot and consists of four apartment units, currently vacant. The main building, a two-story structure, offers approximately 3,168 square feet, currently configured as three apartments. A separate two-story coach house, totaling approximately 1,020 square feet, comprises the fourth unit. Both buildings are situated on a single parcel and are being sold together in "as-is" condition. The property, zoned B3 Commercial, is ideally located within Plain City's business district and falls within the Jonathan Alder School District. While requiring some renovations, this property offers significant upside potential for a savvy investor. The asking price is $475,000, translating to $113.42 per square foot. Built in 1900, the property includes an attractive backyard. This is a rare chance to acquire a multifamily property with commercial zoning in a desirable Ohio location.
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
- Plain City
- County
- Madison
- State
- Ohio
- Longitude
- -83.2673468
- Latitude
- 40.1072308
