327-331 Woodlawn Ave Zanesville, OH 43701

This exceptional investment opportunity presents a fully rented four-unit apartment building located at 327-331 Woodlawn Avenue in Zanesville, Ohio. Built in 1820 and extensively renovated in 2024, this property boasts a desirable location and strong rental income. The building comprises two one-bedroom, one-bathroom apartments and two efficiency studios. Current monthly rents are $750 for the one-bedroom units and $625 and $575 for the efficiency units, generating substantial cash flow. Recent upgrades include a brand new dimensional roof with new gutter sections, a newer gas furnace for one of the one-bedroom units, and new baseboard heating for the efficiencies. The electrical box and service line have also been upgraded. One one-bedroom unit and one efficiency studio have undergone recent renovations, with one featuring new appliances and the other a remodeled bathroom with a new shower. An additional, nearly complete (80%) fifth unit presents further potential for increased revenue. The property sits on a 7,405.2 square foot lot and is priced at $224,900, representing a price per square foot of $54.48. This is a turnkey investment ready to generate immediate returns. Serious inquiries only. Do not disturb tenants.