305 Madison Avenue
Multi-Family $ 284,500

305 Madison Avenue

Lancaster, OH 43130

  • 7,405 Lot Size
  • 1900 Year Built
Beautifully updated and filled with charm, this unique property features a spacious main home PLUS a rear residence/additional dwelling unit (ADU), offering exceptional versatility. Previously used as an ABNB/furnished rental, the ADU provides a variety of possibilities.
The main home has been extensively updated within the last two years while maintaining its inviting character. The spacious floor plan features 3-4 bedrooms, 2 full baths, and includes a living room, dining room and a flexible main-level room ideal for a 4th bedroom, office or den. Generously sized rooms throughout provide comfortable living and entertaining spaces throughout.
Numerous 2024 improvements include fresh interior paint, new flooring and carpet, an updated kitchen, remodeled baths, new furnace and A/C, light fixtures, outlets, ceiling fans and more! Outdoor improvements include a poured concrete front driveway, gravel rear driveway, patios, stone landscaping, and pergola. The washer and dryer remain with the main home.
Set farther back on the property, the separate rear residence/ADU offers wonderful seclusion, with a newer privacy fence. It features a full kitchen, living room, 1-2 bedrooms, washer and dryer, fresh paint, a rear deck and firepit area.
A private backyard with outstanding living spaces and a storage shed add to the property's appeal. With extensive improvements already completed and two separate living spaces, this property offers versatility and tremendous potential.
Located just minutes from Rising Park, the bike path, Fairfield County Fairgrounds, shopping and dining. Great opportunity!
Listed by Hugh H Price of Howard HannaRealEstateServices

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Duplex

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID 226037616

    Year Built 1900

    Annual Tax Amount $2,252

    Lot Size 7,405 Sqft

    Lot Dimensions 0.17

    Property Sub-Type Duplex

    Source Columbus and Central Ohio Regional MLS

  • Location

    State OH

    County Fairfield

    Area 0.17

  • Rooms

    Other Rooms None

    Dining Room No

  • Interior

    Heating Forced Air

    Equipment No

    Laundry No Laundry Rooms

  • Schools

    High Schools Lancaster Csd 2305 Fai Co.

    School District Lancaster Csd 2305 Fai Co.

  • Others

    Tax ID 05-33071-000

    Acceptable Financing Conventional

    Listing Terms Conventional

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