422 E 5th Avenue, Lancaster, OH 43130

$225,000

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List Price
$225,000
Year Built
1900
MLS#
226034183
Status
COMING SOON
Acres
0.17

Property Description

Duplex Investment Opportunity in Lancaster!! 422 424 E Fifth Avenue is a spacious two story duplex offering a total of 2,644 square feet and features two separate 3-bedroom units. Recent updates include new flooring in unit 424 kitchen/laundry/half bathroom and privacy fence. Unit 424- 3 bedrooms and 1 full bath upstairs with 1/2 bath on the first floor. Tenant occupied- 1 year lease / 1,200 in rent. Washer and dryer are tenant owned. Unit 422- 3 bedrooms and 1 full bathroom upstairs. Tenant occupied (been there ~4 years) month to month / 1,300 in rent. Stove, refrigerator, washer, and dryer are tenant owned. Both units feature a nice sized living area, kitchen, and first floor laundry while on a crawl space. The property is completely fenced and divided to provide privacy for both units. Convenient alley access to a shed and four parking spaces in the back. Parking in front of the property is available as well. Tenants pay all utilities and are responsible for lawn care. Get ready to add this to your rental portfolio!

Additional Information

Heating
Forced Air
School District
Lancaster Csd 2305 Fai Co.
Tax Year
2025
Yearly Taxes
2517

Listing Courtesy of : Nicole Barker ---- Key Realty

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