Property Description

I offer to you 2 brick centurions, each building is a 2.5 story duplex, roughly 1500 sqft each unit on one 3.29 acre parcel. Each unit is an identical mirror of the other, each w/3 bedrooms, 1 bath, a huge kitchen, and large dining rooms and living rooms, a big open covered front porch, a rear enclosed porch for storage and a private basement with laundry and separate utilities. Both have new roofs and 4 new Lennox furnaces in 2019, new windows in last 5 years, 11 trees removed, new gravel poured on parking areas, maintenance performed on well and septic systems, and a new concrete walkway poured for unit 2175. 2161-2163 saw fresh paint, new flooring, new appliance, fixtures and some other minor kitchen upgrades in 2019-2020. Unfortunately any evidence of cosmetic updates is a distant memory. Because the seller did not buy the property with aspirations of being a landlord, he left the rents where they were under the previous owner. The plan has changed and a new owner/landlord has the very realistic option to dramatically increase the rents after a little beautification. The rents are currently as follows; $695, $700, $700, $725. The avg rent for a 3 bed in Clinton/New Franklin is $1100. The quiet rural setting and lot size is unmatched for a property like this. The Towpath Trail and Tuscarawas River sit less than a third of a mile to the west. All tenants are currently month-to-month.

Property Features

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