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$2,350,000 Sold
6 Farview Avenue, Lebanon, OH 45036
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
Lebanon, OH 45036
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