6120 Sponagle Rd Sugar Grove, OH 43155
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.