Estimated payment $1,324/month
Highlights
- Brick or Stone Mason
- Forced Air Heating System
- Hot Water Heating System
- Patio
About This Home
If you have you been looking for a solid investment property, it is right here. This four-unit building is located in the heart of the village of Lucas, close to a community center with a cafe, shopping, and a park. It provides good cash-flow with additional potential, along with steady tenant demand. All four units come with kitchen appliances, and feature one full bath each, and laundry hookups in the basement. One unit has three beds, two with two beds, and one has one bed with a multi-use space. The property features a grassy back yard plus an eight-space parking area. There are separate gas and electric meters allowing tenants to pay their own utilities, while the owner pays for lawn/snow maintenance, water, and trash. Updates include: some newer flooring (2025), electrical updates (2019), newer windows, and roof repairs (as soon as contractor is available.) Property to sell “As Is.”
Listing Agent
NextHome Next Stepp Brokerage Phone: 4192812122 License #2019007485 Listed on: 05/05/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 62 x 120
Home Design
- Brick or Stone Mason
- Shingle Roof
- Asphalt Roof
- Aluminum Siding
- Lead Paint Disclosure
Interior Spaces
- 4,944 Sq Ft Home
- 2-Story Property
- Range
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Basement
- Partial Basement
- Crawl Space
Parking
- 8 Parking Spaces
- No Garage
- Paved Parking
- Open Parking
Outdoor Features
- Patio
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Hot Water Heating System
- Gas Water Heater
Listing and Financial Details
- Exclusions: Tenant's Personal Property.
- Tenant pays for gas, electricity
- The owner pays for water, trash collection, sewer
- Tax Lot 4 60 X 120 & PT VAC AL...
- Assessor Parcel Number 0201616102000
Community Details
Overview
- 4 Units
Building Details
- New Taxes Expense $1,405
- Gross Income $2,500
- Net Operating Income $18,840
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/05/2026 05/05/26 | For Sale | $210,000 | -- | $42 / Sq Ft |
Source: Ashland Board of REALTORS®
MLS Number: 231021
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Ask me questions while you tour the home.