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$2,350,000 Sold

6 Farview Avenue, Lebanon, OH 45036

20 baths
20,000 sqft
Commercial Sale
Built in 1973
2.53 acres
30 days on market
MLS# 1866851
$118/sqft

About this home

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.

Facts & features

Interior

Bathrooms
20
Square Feet
20,000

Property

Property Type
Commercial Sale
Year Built
1973
Lot Size
2.53 acres

Listing details

Price
$2,350,000
Status
Sold
Days on Market
30
MLS Number
1866851
Listing Agent
Scott Marvin
Brokerage
Team Results Realty

Features

Style
Commercial
Heating
Natural Gas, Forced Air
Cooling
Central Air
Roof
Shingle
Sewer
Public Sewer
Water
Public

Location

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