603 Chestnut St - Apartments FOR SALE


Coshocton, OH 43812
$985,000 USD
740-403-6033
603 Chestnut St, Coshocton, OH for Sale
$985,000 USD
Apartments - FOR SALE
1/15
null | 5.46% Cap Rate

603 Chestnut St
Coshocton, OH 43812


HIGHLIGHTS

  • HARDWOOD FLOORS AND WOODWORK
  • NEWLY REMODELED
  • GREAT CHARACTER AND CHARM

OVERVIEW

Fully Reimagined Historic Rowhouse Apartment Complex – Prime Investment Opportunity!!! This stunning row house apartment complex has been completely rehabilitated from top to bottom, featuring all new mechanical systems and a total of nine beautifully updated apartment residences that blend modern efficiency with timeless character. The front duplex facing Chestnut Street includes a spacious three-bedroom upper unit and a two-bedroom lower unit. Along North 6th Street, you’ll find six impressive brownstone-style townhomes, each offering three full stories, a walk-up attic, and a full basement with 7-foot ceilings, providing exceptional storage and usable space rarely found in comparable properties. Additionally, the property includes a two-bedroom basement apartment with a private walk-out entrance located at the alley end of the building. Each residence showcases original hardwood floors and preserved woodwork, thoughtfully complemented by fully updated electrical, plumbing, and HVAC systems. All units are equipped with new central air conditioning, new furnaces, and new water heaters, ensuring low maintenance and long-term reliability. The result is a seamless blend of updated amenities with old-world charm and elegance that today’s tenants value highly. Five of the nine units are currently occupied by long-term tenants, providing immediate cash flow. Leases and rent rolls are available for review. Parking is conveniently located across the street, where an additional duplex may be included in the sale for an added price, or parking lots may be leased from the current owners with no issues. This is a turn-key, income-producing asset offering scale, character, and modern infrastructure—ideal for investors seeking both stability and upside in a highly desirable urban setting.

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$74 USD /SF

# OF UNITS

9

PRICE/UNIT

$109,444

CAP RATE

5.46%

% LEASED

55%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CHESTNUT ROW HOUSE

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1880

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,899 SF

ZONING

-

APN/PARCEL ID

04300-003-381-00

ASK ABOUT THIS PROPERTY

Jerry AdkinsBerkshire HathawayMore Info
740-403-6033

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Jerry AdkinsBerkshire HathawayMore Info
740-403-6033

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