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Price:
$189,000
MLS #:
2435644
Beds:
6
Baths:
4
Sq. Ft.:
1412
Lot Size:
0.25 Acres
Yr. Built:
1930
Type:
Commercial
Commercial Building - Apartments/Housing, Investment Property (Rental)
Taxes/Yr.:
$993
Address:
309 S Third St
Racine, OH 45771
309 S Third St
INCOME-PRODUCING INVESTMENT OPPORTUNITY IN RACINE, OHIO Looking to expand your real estate investment portfolio? Take a look at this four-unit apartment building located at 309 S. Third Street in Racine, Ohio! This established rental property offers four individual apartments, providing multiple streams of rental income under one roof.The property features two 2-bedroom apartments, one 1-bedroom apartment, and one studio apartment, each with its own bathroom. Currently generating $2,425 in gross monthly rental income, or $29,100 annually, this property offers an opportunity for investors seeking an established rental investment. The building offers functional living spaces, updated electrical boxes, and opportunities for cosmetic improvements. Tenants pay their own electricity and heating expenses, while the owner covers water, sewer, and trash services. Whether you're looking to begin your investment journey or add another income-producing property to your portfolio, this four-unit rental property is worth a look!
Interior Features:
Apartments/Housing
Flooring- Concrete
Flooring- Laminate
Heating: Other
Heating: Wall Heater
Exterior Features:
Construction: Concrete Block
Construction: Unknown/Other
Foundation: Concrete Block
Roof: Architectural Shingle
Appliances:
Cooling: Window Unit
Other Features:
Investment Property (Rental)
Utilities:
Contact Utility Company
Internet-Wireless
Natural Gas
Power: AEP
Sewer: Municipal
Water: City/Public
Listing offered by:
Holly Deem - License# SAL.2014003469 with Cleland Realty inc. (740) 992-2259.
Map of Location:
Data Source:
Listing data provided courtesy of: Athens County MLS (Data last refreshed: 10/14/26 3:58pm)
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Notice & Disclaimer: Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or purchasing. All information (including measurements) is provided as a courtesy estimate only and is not guaranteed to be accurate. Information should not be relied upon without independent verification.
Notice & Disclaimer: Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or purchasing. All information (including measurements) is provided as a courtesy estimate only and is not guaranteed to be accurate. Information should not be relied upon without independent verification.
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