We are pleased to present 137 S. Main St., an 8,290 square foot building located in Downtown London, Ohio. The property was originally constructed in 1850's but has since undergone renovations.The building was most recently used as a boarding house for residents and was vacated in order to make numerous improvements to prepare it for sale. The property could be re-leased with 7 tenants paying $400 per month, similar to before it was vacated. This would bring in potential revenue of $33,600 per year. A slightly more extensive renovation could yield more units and lease up would support rents in the mid-$500 range plus additional income from the ground floor retail space.
Full Property Details
Full Property Detailsfor 137 S Main Street
Taxes: $2,382 (2017)
MLS ID: 218007938
Added: 94 day(s) ago
Cross Streets: Center Street, 1st Street
Heating & Cooling
Heating Fuel: Gas
Utility Description: Electric, Gas, Sanitary Sewer, Water
Listed by Berkshire Hathaway HomeServices Crager Tobin Real Estate(614) 879-6700,Trevor J Tripp(614) 314-6948
137 S Main Street, London, OH 43140 (MLS# 218007938) is a
137 S Main Street is currently listed for $82,000 and was received on March 17, 2018.
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Lease with a Right to Purchase
A new affordable option from Home Partners of America. They buy the home, you lease it for 1-5 years with a right to purchase.