NOT LISTED FOR SALE

1302 U S 42 Ashland, OH 44805

7 Beds
4 Baths
3,106 Sq Ft
4.63 Acres

Last Sold January 10, 2024

Last sale price $205,000 $66 Per Sq Ft

24 Days on Market

About This Home

As of January 2024

Discover the blend of income potential and comfortable living in this unique property. Situated on 4.625 acres is a triplex and a single family home, all separately metered for utilities. Tenants pay electricity/trash. Owner pays gas. An added bonus is the large barn on the property which could be rented for additional income. If you've been thinking of buying an investment property this could be your opportunity. Photos of two units were taken when vacant. Other two units not photographed. All units are currently occupied. Survey completed October 2023.

Last Agent to Sell the Property

Wendy Anderson

NextHome Next Stepp Brokerage Phone: 4192812122 License #BRKP.2022000554 Listed on: 10/24/2023

Last Buyer's Agent

Barbie Lange

NextHome Next Stepp License #2019007485

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 4.63 Acre Lot

Parking

  • 4 Car Garage
  • Open Parking

Home Design

  • Shingle Roof
  • Aluminum Siding
  • Lead Paint Disclosure

Interior Spaces

  • 3,106 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $2,020
  • Tenant pays for electricity, trash collection
  • The owner pays for gas
  • Tax Lot SECTION 26 M-14
  • Assessor Parcel Number G220260003100

Community Details

Overview

  • 4 Units

Building Details

  • New Taxes Expense $3,850
  • Gross Income $2,020

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 4.625
  • Lot Size: 0 x 0
  • Directions: Take Route 42 towards Mansfield. Property will be on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1901
  • Attribution Contact: 4192812122
  • NAV43_Flood_Plain: Unknown
  • NAV43_rets_property_type: Residential Income
  • 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
  • Owner Pays: Gas
  • Has Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 7
  • Living Area: 3106

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Attached, Detached, 1 Car, 3 Car, Stone
  • Total Parking Spaces: 4

Utilities

  • Heating: Baseboard, Natural Gas
  • Heating Yn: Yes
  • Electric: Ohio Edison/First Energy
  • Sewer: Septic Tank
  • Water Source: Well

Fee Information

  • Annual Fuel Expense: 6480

Schools

  • Junior High Dist: Ashland City

Lot Info

  • Lot Size Sq Ft: 201465
  • Farm Land Area Units: Square Feet
  • Parcel #: G220260003100
  • Zoning Description: Twp-Township Zoning

Rental Info

  • Lease Term: Unit 1 Lease Length(12),Unit 2 Lease Length(12),Unit 3 Lease Length(12),Unit 4 Lease Length(12)
  • Tenant Pays: Electricity, Trash Collection

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 2020
  • Number Of Units Vacant: 5
  • Total Actual Rent: 2020

Tax Info

  • New Taxes Expense: 3850.46
  • Tax Lot: SECTION 26 M-14

Range of Values:

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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 List to Sale Price per Sq Ft
01/10/2024 01/10/24 Sold $205,000 -17.7% $66 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
10/24/2023 10/24/23 For Sale $249,000 -- $80 / 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: 227260