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$ 395,000
Est. payment | /mo
2,928 SqFt
$ 395,000
Est. payment | /mo
2,928 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,928 sqft
Price per Sqft $134
Subdivision Salathiel Prater Allotment
MLS Listing ID 1043019
Year Built 1953
Annual Tax Amount $2,120
Tax Year 2024
Lot Size 6,534 Sqft
Lot Dimensions 48 x 135
Property Description
Turnkey income-producing multi-family opportunity in the heart of Indian Lake, located directly across from the lake and just behind the well-known Indian Head Restaurant. This unique four-unit property consists of two separate cottages and a third building configured as a duplex, offering a boutique-style investment with diversified rental appeal. All units are currently rented, delivering immediate and consistent cash flow. The property has seen numerous updates across the units, supporting strong rental performance and a reliable return on investment. Complete profit and loss statements are available for qualified buyers, along with a detailed breakdown of improvements and associated costs by unit. Whether you are expanding an existing portfolio or seeking a distinctive multi-family investment near one of Ohio's most popular lake destinations, this property is fully operational and ready to perform from day one.
Location
State OH
County Logan
Area 902 Indian Lake
Zoning Residential
Rooms
Basement Crawl Space
Interior
Heating Forced Air, Electric, Baseboard
Exterior
Exterior Feature Vinyl Siding
Utilities Available Natural Gas Connected
Waterfront Description Lake Front,Lakeview
Building
Foundation Block
Sewer Public Sewer
Water Supplied Water
Others
Ownership Corporate Owned
Financing Cash,1031 Exchange,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/wrist/1043019
Listed by Key Realty