Chris Trease

301 W 2nd Street, Arcanum, OH 45304

$198,000
  • 301 W 2nd Street, Arcanum, OH 45304 Main Photo

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New to the Market Active
BEDS5 BATHS3 full SQUARE FEET3,001 MLS#1049629
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONAllreads 5th Add SCHOOLArcanum-Butler

Property Description

Why settle for 1 property when you could have 3 separate living spaces, each w/ its own possibilities? Located in Arcanum, this unique multi-family property combines the character of a charming older home w/ the added opportunity of a separate building housing 2 additional residential units. Whether youre looking to expand your rental portfolio or live in 1 home while generating income from the others, this property offers a setup you dont come across every day. The single-story main house welcomes you w/ a covered front porch, complete w/ a porch swing & plenty of room to sit back & enjoy a quiet afternoon. Inside, tall windows, substantial original woodwork & a mixture of updated finishes give the home a comfortable, lived-in feel. The living room offers plenty of natural light, while the adjoining dining room features warm wood-paneled walls, built-in cabinetry & enough space to accommodate both a dining table & a home office setup. Just beyond, the kitchen offers abundant cabinetry, a tile backsplash & room for a breakfast table or additional workspace. The home also includes 2 bedrooms, a full bath & a dedicated laundry room, all conveniently located on 1 level. Outside, the spacious yard provides plenty of green space, mature trees, & a storage shed. The separate building houses 2 additional residential units: a 2-bedroom, 1-bath front apartment & a 1-bedroom, 1-bath rear apartment. The front apartment is currently rented for $550/month, w/ occupancy expected through November 2026, while the rear apartment is vacant. The main house is owner-occupied w/ no lease in place. Carpet to be installed in the apartment later this week. Whether youre looking for an investment property or an opportunity to offset your own housing expenses w/ rental income, this propertys unique configuration offers plenty of possibilities.

301 W 2nd Street | MLS# 1049629

This multi-family property located at 301 W 2nd Street, Arcanum, OH 45304 is currently listed for sale with an asking price of $198,000. W 2nd Street is located within the Arcanum-Butler school district. Search Arcanum real estate on christrease.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Central Air
Garage: No Garage
Heating: Electric, Natural Gas
Lot Size: 0.16 Acres
Stories: 1.0
Taxes: $1,404
Year Built: 1900

Amenities

Porch
Patio

Feature Descriptions

Additional Structures: Shed(s)
Appliances: Microwave, Refrigerator, Range
Exterior: Brick, Vinyl Siding
Foundation: Slab
Lot: Residential Lot
Lot Dimensions: 60x120
Parcel ID: P59230809040412000
Sewer: Public Sewer
Special Features: Bath 1st Floor, Bed 1st Floor
Utilities: Natural Gas Connected
Water: Supplied Water

Local Schools

School District: Arcanum-Butler

Listed By / Shown By

Listed By

Agency Name: Howard Hanna Real Estate Services
Agent Name: Sue Bowman
Agency Phone: (937) 569-4588

agent picture

Shown By

Agent Name: Chris Trease
Agent Phone: (419) 564-4841 Cell
Agency Title: Key Realty

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Estimated Payment

$ 1,282.31 per month $1,107.56 Principal & Interest $117.00 Property Tax $57.75 Homeowner's Insurance

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