40
See all 40 photos
$385,000
Est. payment /mo
1 Bed
1 Bath
1.3 Acres Lot
Active
16207 State Route 664 Logan, OH 43138
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Key Details
Property Type Single Family Home, Vacant Land
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225008027
Style Ranch
Bedrooms 1
Full Baths 1
HOA Y/N No
Originating Board Columbus and Central Ohio Regional MLS
Annual Tax Amount $482
Lot Size 1.300 Acres
Lot Dimensions 1.3
Property Sub-Type Single Family Residence
Property Description
*No Deed Restrictions!* 2024 GROSS annual income: 38,246. This is a rare opportunity to own an investment property in a phenomenal location. Currently, there is a small 1-bedroom, 1-bathroom short-term rental cabin with its own septic system and well. In addition to the cabin, the property includes 3 billboards, 2 of which are lighted and leased. The property is located right along State Route 664, the main route to the Hocking Hills, providing exceptional visibility. It is situated 8 miles south of Logan and just 6 miles from the heart of the Hocking Hills. The setting is beautiful, featuring a mostly flat lot with plenty of room to expand and a lovely creek. There is also some 100-year floodplain at the back of the property. 28,646 GROSS annual income in 2024 for cabin rental. 9,600 GROSS annual billboard income. Total 38,246. Potential for 3rd billboard to bring in additional income.
Location
State OH
County Hocking
Area 1.3
Rooms
Other Rooms 1st Floor Primary Suite
Dining Room No
Interior
Equipment No
Laundry No Laundry Rooms
Exterior
Exterior Feature Hot Tub
Building
Architectural Style Ranch
Schools
High Schools Logan Hocking Lsd 3701 Hoc Co.
Others
Tax ID 02-000914.0100
Listed by Tristden M Bauer Bauer Realty & Auctions
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