389-391 E 2nd St - Apartments FOR SALE


Chillicothe, OH 45601
$199,000 USD
740-412-6040
389-391 E 2nd St, Chillicothe, OH for Sale
$199,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

389-391 E 2nd St
Chillicothe, OH 45601


HIGHLIGHTS

  • Four one-bedroom, one-bathroom residential units provide diversified income potential.
  • Long-term ownership reflects approximately 20 years of consistent property stewardship.
  • Located near the Bridge Street retail and restaurant corridor.
  • Shared front porch enhances the property's residential appeal.
  • Established neighborhood setting with access to downtown Chillicothe amenities.
  • Turnkey multifamily investment opportunity with existing residential configuration.

OVERVIEW

Opportunity knocks with this well-maintained multi-family duplex located in the desirable 45601 area of Chillicothe, Ohio. Close to lots of restaurants on bridge street. Offering a total of four 1-bedroom, 1-bathroom units, this property spans 3,020 square feet. Each unit is thoughtfully laid out making it ideal for long-term tenants. The property features a shared front porch, perfect for relaxing and enjoying the neighborhood vibe. Owned and cared for by the same landlord for the past 20 years, this building has been consistently maintained and is a true turnkey investment. Whether you're a seasoned investor or just entering the rental market, this property presents an outstanding opportunity for consistent rental income and low maintenance ownership.

FOR SALE DETAILS

PRICE

$199,000 USD

PRICE/SF

$66 USD /SF

# OF UNITS

4

PRICE/UNIT

$49,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

30-54-19-049.000

ASK ABOUT THIS PROPERTY

Heather Dalessandrie-Merge Real Estate ExcellenceMore Info
740-412-6040

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Heather Dalessandrie-Merge Real Estate ExcellenceMore Info
740-412-6040

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.