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$249,500
3 Beds 1 Baths Anna Criddle
Beautifully maintained & updated Ranch, set on a quiet street with no thru traffic. Convenient to London's downtown, shopping & business areas, with easy access to the major routes that make London such a popular central Ohio hub for travel to all parts of the state. Nice curb appeal with covered front entry accented by new cedar posts, paver porch & walkway. A front driveway provides handy off street parking. Attractive insulated front door with leaded glass inset opens to the well designed Family Room & Kitchen featuring travertine tile flooring, electric fireplace with brick surround, brand new Kitchen appliances, an abundant array of cherry finish cabinets & wrap around counter with breakfast bar. Wonderful flex use Living/Family Room is just off the Kitchen area and features ceramic plank tile flooring, wall TV mount, ceiling fan/light & an adjacent back entry/mud room area with new doggie door & access to the back yard. There are 3 Bedrooms with ceiling fans, wood laminate flooring & refinished closets. Bedroom 1 has been set up as an office with built-in workstation, desk & cabinets. The updated Full Bath has ceramic tile flooring, new fixtures with vanity/sink & tub/shower. There is an adjacent Laundry/Utility Room with house mechanicals, washer/dryer hookups & storage space. Level, privacy fenced back yard with 132 SF concrete Patio, firepit, walkway to the detached 24x24 Garage, lawn area & gate to the alley. New Garage door & opener too. Additional updates include new sewer cleanout, gutter guards, kitchen garbage disposal, and more. This home is immaculate & move-in ready! Do not miss this one. Home Service Plan in Ohio in place for $669.00 & Includes Gas Line warranty.

34 Graham Avenue, London

Listing Courtesy of : Anna Criddle ---- e-Merge Real Estate

$300,000
Brett A Ludwig
16 North Main Street offers investors a value-add opportunity through the adaptive reuse of an underutilized commercial asset in downtown London, Ohio. While the Property is currently zoned and operating as an office, prior ownership has already advanced meaningful interior reconfiguration toward residential use. This partial repositioning provides a head start on what would otherwise be a longer-horizon business plan, allowing a new owner to capture the conversion delta with greater speed and capital efficiency than a comparable ground-up reuse opportunity. The investment thesis is anchored in a clear shift in highest and best use from office to multifamily. Underwriting contemplates eleven one-bedroom residential units generating in excess of $8,000 in monthly rental income at approximately $750 per unit. A figure that meaningfully outperforms the seller's office-based pro forma of roughly $4,400 per month. The resulting income uplift is driven by both the expansion in revenue-generating unit count and the structural rent premium that residential commands over legacy office in this submarket. Combined with broader secular tailwinds favoring small-format housing in tertiary Ohio markets and the ongoing softening of suburban office fundamentals, 16 North Main Street represents a high-conviction conversion play with a defined execution path, attractive yield-on-cost, and significant embedded upside relative to the current basis. The property is part of a larger Central Ohio Investment Portfolio available for purchase. The full portfolio is 133 units assembled across 34 individual residential and mixed-use properties in London, Ohio (Madison County) and Washington Court House, Ohio (Fayette County). The portfolio was acquired and renovated between 2018 and 2022. Please see the attached file that breaks down the offering in tranches.

16 N Main Street, London

Listing Courtesy of : Brett A Ludwig ---- Verti Commercial Real Estate L

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