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Property profile & analytics
OFF-MARKET
Apartment buildings

6120 Sponagle Rd Sugar Grove, OH 43155

Built 1980
Property ID
US66-5570333
Property summary
AI-generated overview

This exceptional investment opportunity presents a charming two-unit duplex nestled on a sprawling 3.5-acre lot in Sugar Grove, Ohio. Built in 1980, this property boasts two completely remodeled ranch homes, each ready for immediate occupancy. The first home features seven bedrooms, while the second offers four bedrooms, providing ample space for a variety of uses. Imagine enjoying peaceful country living with breathtaking views from the expansive decks, surrounded by the beauty of nature. Conveniently located just northwest of Hocking Hills State Park, near Hide-Away Hills and Lake Logan, this property offers a tranquil escape while remaining within an hour's drive of Columbus. The property's substantial lot size of 161,172 square feet provides significant potential for future development or expansion. The asking price is $375,000, translating to $69.62 per square foot. This property is zoned for Berne Union Schools and presents a unique opportunity for a primary residence with additional rental income potential, or a multi-family investment. Please note that potential uses such as Airbnb should be verified with local authorities.

Property profile
Verified
Property type Apartment buildings
Year built 1980
UPID US66-5570333
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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