1420 Glenn HighwayNew Concord, OH 43762

Description

Excellent investment opportunity featuring three fully occupied, income-producing rental properties generating a combined $4,200 in monthly rental income. All tenants are currently on month-to-month leases, providing flexibility for the new owner. Each property is separately metered, with county water serving all units, helping simplify utility management. A small garage provides additional storage and offers potential for additional rental income. Conveniently located along State Route 40, the properties are just minutes from New Concord and Muskingum University, creating an attractive location for a variety of tenants. Commuters will appreciate being less than five minutes from interstate access, providing convenient travel throughout the surrounding area. With established rental income, full occupancy, separate utilities, and a convenient location, this multi-property offering presents an excellent opportunity to add immediate cash flow to an investment portfolio.

Property Information

Property type

Residential Income

Sub-type

Triplex

Year built

1870

Lot size

3.00 acres

Garage spaces

1

Days on market

162

MLS^® Listing#

5249857

Property Features

Cooling

Wall/Window Unit(s) · Ceiling Fan(s)

Heating

Natural Gas

Basement

Unfinished

Parking

On Site

Construction

Vinyl Siding

Roof

Asbestos Shingle

Sewer

Septic Tank

Water source

Public

Financial Details

Annual taxes

$8,705Tax year 2025

Parcel number

41-0000214.001

Directions

From I-70 (Exit 169 – New Concord), head north onto Glenn Hwy (US-40). Continue about 1 mile; property is on the right at 1420 Glenn Hwy.