504 Richland Ave, Athens, OH

Name: 504 Richland Ave, For Sale in Athens - Zoocasa
Brand: Ohio Realty
SKU: 2435537
Price: 429300 USD

House

For Sale

Listed price in listed location currency (USD).

$429,300

660

MLS® 2435537

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size -

Garage

Taxes $6,813

Days Active 1

Lot Size 0.26 Acres

Approx. Age 1965

MLS® Number 2435537

Property Address: 504 Richland Ave, Athens, OH, 45701-3705

Average square foot calculated using Size range provided by listing agent.

Description

Built for cash flow! Ready to add a proven income-producing property to your portfolio? This fully rented 6-unit apartment building delivers immediate cash flow with a setup that keeps tenants coming. Each unit offers one bedroom, one full bath, a full kitchen, and its own off-street parking space. On-site laundry exclusively for tenant use adds even more convenience. One-bedroom units are hard to find in Athens, helping make these apartments consistently desirable and easy to rent. The location is another win, just minutes from Ohio University campus, uptown Athens, shopping, dining, and everything Athens has to offer. With all six units occupied, there's no waiting to generate income and no lease-up period to navigate. Whether you're expanding your portfolio or looking for a solid multifamily investment, this one deserves your attention. Six units generating $48, 000 annually with proven rental demand, and numbers that work. Opportunities like this don't come along every day, so put this one at the top of your investment list!

MLS® Number2435537

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1965

Basement

Driveway

Garage Spaces

HeatBaseboard-Electric

A/CWindow Unit(s)

Extras

Map

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