NOT LISTED FOR SALE

11 W Main St Lucas, OH 44843

9 Beds
4 Baths
1,952 Sq Ft
7,200 Sq Ft Lot

Last Sold April 29, 2016

Last sale price $90,000 $46 Per Sq Ft

116 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating System
  • Hot Water Heating System

About This Home

As of April 2016

4 unit apartment complex in good condition. Kitchen appliances go with property. Water bill paid by seller ranges from $90-$125. Lots of parking in rear. Electric and gas meters on exterior of unit, all paid by tenants. Each unit has access to laundry hookups.Hot water tanks have all been recently replaced. Most windows have been replaced, gas and electric all on separate meters and paid by tenants. Window air conditioners in 3 of 4 apts. Most leases are now month to month. Trash is $35/month. Seller pays water and trash. Water ranges from 90-120/month. 72 hrs to set showing appointment.Rent for apartment #1 is 465 plus 15.00 per month for water use for washer.

Last Listed By

Sharon Hair

Howard Hanna Ashland Brokerage Phone: 4192892600 License #309347 Listed on: 11/11/2015

Howard Hanna Ashland

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60 x 120

Home Design

  • Brick or Stone Mason
  • Shingle Roof
  • Fiberglass Roof
  • Asphalt Roof
  • Rubber Roof
  • Aluminum Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,952 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • No Garage
  • Paved Parking
  • Open Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Exclusions: Tenants Possessions
  • Total Actual Rent $20,100
  • Tax Lot 4
  • Assessor Parcel Number 0201616102000

Community Details

Overview

  • 4 Units

Building Details

  • New Taxes Expense $1,396
  • Gross Income $1,675

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1653
  • Lot Size: 60 x 120
  • Exclusions: Tenants Possessions
  • Directions: Located on Main Street in Lucas
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1940
  • Attribution Contact: 4192892600
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Unit 1 Range, Unit 2 Range, Unit 3 Range, Unit 4 Range, Unit 1 Refrigerator, Unit 2 Refrigerator, Unit 3 Refrigerator, Unit 4 Refrigerator
  • Has Basement: Full
  • Total Bedrooms: 9
  • Living Area: 1952

Exterior Features

  • Disclosures: Property Disclosure, Lead Based Paint Disclosure
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Brick
  • Roof: Asphalt, Rubber, Fiberglass, Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Stone
  • Total Parking Spaces: 8

Utilities

  • Heating: Forced Air, Natural Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Trash Expense: 420

Schools

  • Junior High Dist: Lucas Local Schools

Lot Info

  • Lot Size Sq Ft: 7200
  • Farm Land Area Units: Square Feet
  • Parcel #: 0201616102000
  • Zoning Description: B1-Neighborh'd Business Dist
  • ResoLotSizeUnits: SquareFeet

Green Features

Rental Info

  • Lease Term: Unit 1 Lease Length(Yearly),Unit 2 Lease Length(Yearly),Unit 3 Lease Length(Mo To Mo),Unit 4 Lease Length(Mo To Mo)

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 1675
  • Insurance Expense: 786
  • Maintenance Expense: 870
  • Number Of Units Vacant: 5
  • Total Actual Rent: 20100

Tax Info

  • New Taxes Expense: 1396.16
  • Tax Lot: 4

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $90,000 -30.5% $46 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
11/11/2015 11/11/15 For Sale $129,500 -- $66 / Sq Ft
Source: Ashland Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ashland Board of REALTORS®

MLS Number: 218265