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$ 2,399,999
Est. payment /mo
Pending
6 Farview Ave Lebanon, OH 45036
20,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $119
Subdivision Peachtree Place
MLS Listing ID 1866851
Year Built 1973
Lot Size 2.526 Acres
Property Sub-Type Commercial
Source Cincinnati Multiple Listing Service
Property Description
Rare opportunity to acquire a 20-unit townhome community in the desirable Lebanon, Ohio market. Located just blocks from charming downtown Lebanon, the property features 20 spacious two-level 2 bedroom, 1 Bath townhome layouts with in-unit laundry hookups. Tenants pay their own utilities, resulting in very low operating expenses for the owner. Ten units have already been renovated, with long-term tenancy in place and a clear path to increasing rents to market in a highly supply-constrained area. A compelling value-add opportunity in a strong, stable location.
Location
State OH
County Warren
Area Warren-E13
Rooms
Basement None
Interior
Heating Forced Air, Gas
Cooling Central Air
Flooring Carpet
Exterior
View Y/N No
Water Access Desc Public
Roof Type Shingle
Building
Faces RT 42 to Main St to Farview
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Listed by Team Results Realty