22 Fairlawn Ave
Property Photo
1 of 9 Photos
Price:
$175,000 
MLS #:
2432921
Beds:
3
Baths:
3
Lot Size:
0.14 Acres
Yr. Built:
1900
Type:
Multi-Family
Multi Family - Investment Property (Rental)
Taxes/Yr.:
$772
Community:
Trimble LSD
Address:
22 Fairlawn Ave
Glouster, OH 45732
Prime investment opportunity in Glouster, Ohio!
Prime investment opportunity in Glouster, Ohio! This fully occupied triplex generates $1,880 in monthly rental income, with two 1-bedroom units renting for $700 each and one 1-bedroom unit renting for $480. The property has been meticulously maintained, including a complete top to bottom remodel of two units in 2021-everything from subflooring to light fixtures was replaced-and the addition of a brand-new deck. A storage building on the property offers additional potential and could be converted into another rental unit to boost income. With paying tenants in place and $17,869 in net income in 2023 at a 25% profit margin, this property needs nothing and is truly turnkey. An excellent chance to own a profitable asset with the added option to expand your portfolio by purchasing the neighboring triplex at 18 North, also for sale!
Interior Features:
Countertops- Laminate
Flooring- Carpet
Flooring- Laminate
Heating: Baseboard-Electric
Heating: Forced Air-Gas
Exterior Features:
Construction: Siding-Vinyl
Foundation: Concrete Block
Roof: Asphalt Shingle
Roof: Metal
Appliances:
Cooling: Window Unit
Oven/Range- Electric
Refrigerator
Other Features:
Investment Property (Rental)
Style: Triplex
Utilities:
Contact Utility Company
Garbage Collection
Natural Gas
Power: AEP
Water: City/Public
Listing offered by:
Ally Rapp Lee - License# BRK.2015002306 with The Athens Real Estate Co., Ltd. (740) 589-4600.
Map of Location:
Data Source: Listing data provided courtesy of: Athens County MLS (Data last refreshed: 12/21/24 10:20pm) - 5

Notice & Disclaimer: Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or purchasing. All information (including measurements) is provided as a courtesy estimate only and is not guaranteed to be accurate. Information should not be relied upon without independent verification.
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