301 W 2nd StreetArcanum, OH 45304

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 you're looking to expand your rental portfolio or live in 1 home while generating income from the others, this property offers a setup you don't 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 Monday, 11/9. Main House Updates & Improvements: Roof (2023), HVAC (2022), A/C (2022), electrical panel & service line (2025). Whether you're looking for an investment property or an opportunity to offset your own housing expenses w/ rental income, this property's unique configuration offers plenty of possibilities.

Property Features

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