$399,000

240 Us 42

London OH, 43140

Description

This is a fabulous investment opportunity with great income producing possibilities. This property consists of 7 unit apartment building(s) each with a private entrance that sits on approximately 2 combined acres. There is two buildings that are being sold at this price plus a 2 car heated detached garage with a workshop/office space. Garage space is not currently being leased out; however, there is plenty of opportunity to lease for additional income. Could easily be divide into storage space for additional rental income or to lease out to a person that is need of a working garage or storage space. This property has been well cared for & maintained. Two parcels are included in this sale. 240 US Highway 42 (PID: 05-00194.000) is a 4 unit apartment w/ extended 2 car detached heated garage w/ workshop and office space. And also 270 US 42 (PID: 05-00192.000) Which is 3 unit apartment building. All Units have long term tenants that are a month to month lease. Please call agent directly.

Details

MLS#815582
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1983
Days On Site23

Features

Building(s)1

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Area Information

StateOH
CountyMadison
CityLondon
Zip Code43140
AreaMadison
Listing VS Median (in 43140)
Price:
$399,000
low | high
Med:
$437,000
40.47619047619% of Average
On Site:
23
low | high
Med:
42.5
54.117647058824% of Average
Listing Updated: 05/29/2020
MLS Number: 815582
Listing Provided By:
Amanda Naylor  of  RE MAX Victory