6 Farview Avenue
Lebanon, OH 45036

$2,399,999

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Listing Details

$2,399,999
MLS# 1866851
Type Commercial - Business
Status Pending

20,000
Square Feet
2.526 acres
Lot Size
1973
Year Built

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Local Information

Listed By

Agency Name: Team Results Realty
Agency Phone: 614-382-2124
Agent Name: Scott Marvin

Shown By

Agency Title: Irongate Inc., Realtors
Agency Phone: 937-426-0800

Home Value Estimate

Description

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.

Features

Central Air
Carpet
Forced Air, Gas
2.0 Stories
Public
Built in 1973

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