NOT LISTED FOR SALE

1849 Main St Peninsula, OH 44264

7 Beds
4 Baths
3,200 Sq Ft
0.66 Acres

Last Sold May 26, 2023

Last sale price $352,000 $110 Per Sq Ft

8 Days on Market

Highlights

  • View of Trees or Woods
  • Spring on Lot
  • Baseboard Heating
  • Hilly Lot
  • Wooded Lot
  • Laundry Facilities

About This Home

As of May 2023

If you are looking for a unique investment opportunity, look no further than this four-unit apartment building with 3/2bedroom units and 1/1bedroom unit in the heart of the scenic Village of Peninsula, Ohio. This property is also ideal for investors looking to capitalize on the booming Airbnb market in the area. Once in a lifetime opportunity to own a one of a kind apartment building close to the heart of historic Peninsula. Fully rented to long-term tenants. All apliances stay. Newer hotwater tanks and gutter guards. Water softener & purification system. Each unit has separate electric baseboard heat & separate electric meter. Laundry room with washer and dryer. Owner pays common area electric only. No water or sewer bill (septic and well). Property has 2 parcels. Peninsula is in the middle of the Cuyahoga Valley National Park system, ski resorts, hiking, biking, nature trails and more. Located in the heart of the Cuyahoga Valley National Park, Peninsula offers a wide range of year round outdoor activities, from hiking and biking trails to kayaking, canoeing fishing in the Cuyahoga River and 2 ski rsorts. The village is also home to a variety of shops, restaurants, and cultural attractions, including the Peninsula Art Academy and the Boston Mills Artfest. With its prime location and charming small-town atmosphere, Peninsula is a popular destination for travelers from around the world. Conviently situated between Cleceland and Akron Ohio. Call to set a private showing!

Last Agent to Sell the Property

Yvonne Highley

Berkshire Hathaway HomeServices Professional Realty License #265775 Listed on: 04/19/2023

Berkshire Hathaway HomeServices Professional Realty

Last Buyer's Agent

Amanda Ondrey

M. C. Real Estate License #2005012092

M. C. Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,152

Year Built

  • Built in 1964

Lot Details

  • 0.66 Acre Lot
  • South Facing Home
  • Hilly Lot
  • Wooded Lot

Property Views

  • Woods
  • Canyon
  • Park or Greenbelt

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spring on Lot

Utilities

  • Baseboard Heating
  • Well
  • Septic Tank

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, heating
  • The owner pays for trash collection
  • Assessor Parcel Number 1100311

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,152

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • House Faces: South
  • Price Per Square Foot: 110.00
  • Estimated Price per Sq Ft: 110.00
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 3200
  • Year Built: 1964
  • Court Ordered Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1964

Interior Features

  • Appliances Equipment: Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Slab
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 3200.00
  • Sq Ft Approx Total Finished: 3200.00

Exterior Features

  • View: Canyon/Valley, Park, Wooded
  • Exterior: Brick, Vinyl
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved

Utilities

  • LaundryFeatures: Shared
  • Heating Fuel: Electric
  • Heating Type: Baseboard
  • Water/Sewer: Well, Septic

Fee Information

  • Op Expenses: 7002.00

Schools

  • School District: Woodridge LSD
  • School District: Woodridge LSD

Lot Info

  • Additional Assessor Parcel Number 1: 1100310
  • Lot Description: Hillside, Spring/Creek, Wooded/Treed
  • Lot Size Units: Acres
  • Acres: 0.6590
  • Parcel Number: 1100311

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Cable/Electric Link, Electric, Heating

Multi Family

  • Unit Count: 4
  • Gross Income: 30960.00
  • Net Income: 23957.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 5152

Range of Values:

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List Price
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 List to Sale Price per Sq Ft Prior Sale
05/26/2023 05/26/23 Sold $352,000 -2.2% $110 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $359,953 +14.3% $112 / Sq Ft
01/19/2023 01/19/23 Sold $315,000 -4.5% $98 / Sq Ft View Prior Sale
01/06/2023 01/06/23 Pending -- -- --
12/31/2022 12/31/22 For Sale $329,915 +7.1% $103 / Sq Ft
10/22/2021 10/22/21 Sold $308,015 -5.2% -- View Prior Sale
09/17/2021 09/17/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $325,000 -- --
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4451518

MLS Now