NOT LISTED FOR SALE

22 W College Ave Springfield, OH 45504

1 Bed
-- Bath
4,973 Sq Ft
7,841 Sq Ft Lot

Last Sold May 23, 2024

Last sale price $499,900 $101 Per Sq Ft

69 Days on Market

About This Home

As of May 2024

Investors Dream: 11Bed 11 Bath unit. Netting nearly $68K annually after all expenses.
My Sellers are selling 8 properties as a group or they can be bought individually. They are asking $1,475,000.00 for all 8 Properties. 7 Properties are in Clark County and 1 in Marion County. They want to sell to one investor or a group of investors via cash, or private funding source. CURB OFFERS ONLY! This unit has been remodeled in the last 2 years. New Roof, New flooring, Whole building Painted, Newer windows, new insulation, new doors. This is an incredible cash flow property for your portfolio. Please contact a realtor to get all of the financials spreadsheet for this and all properties and an extensive Comp document showing the value in these properties. They won't last long!

Last Agent to Sell the Property

Tony Farley

Coldwell Banker Realty License #2016005985 Listed on: 11/03/2023

Coldwell Banker Realty

Last Buyer's Agent

Megan Winstead

RE/MAX Impact License #2021005952

RE/MAX Impact

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,633

Year Built

  • Built in 1903

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 11 Car Detached Garage

Home Design

  • 4,973 Sq Ft Home
  • Mixed Use
  • Frame Construction

Utilities

  • Hot Water Heating System
  • Gas Available

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for electricity, gas, trash collection, water
  • Assessor Parcel Number 3400700035115015

Community Details

Overview

  • 11 Units

Building Details

  • Insurance Expense $731
  • Operating Expense $4,364
  • Gross Income $78,300
  • Net Operating Income $67,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,633

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1903
  • Tax Year: 2022
  • Property Sub-Type: Mixed Use
  • Lot Size Acres: 0.18
  • Total Gross Income: 78300.0
  • Co List Office Phone: 937-435-6000
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 78300.0
  • Annual Expenses: 4363.83
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 4973.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes

Garage/Parking

  • Total Parking Spaces: 11.0
  • Parking Features 2 Car Garage2: Yes
  • Parking Features Detached Garage2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: SPRINGFIELD CSD 1206 CLA CO.

Lot Info

  • Parcel Number: 3400700035115015
  • Lot Size Sq Ft: 7840.8

Rental Info

  • Owner Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Number Of Units Total: 11
  • Insurance Expense: 730.55
  • Net Operating Income: 67936.17
  • Annual Operating Expense: 4363.83

Tax Info

  • Tax Annual Amount: 3633.0

Range of Values:

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Average Value
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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
05/23/2024 05/23/24 Sold $499,900 0.0% $101 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
11/02/2023 11/02/23 For Sale $499,900 -- $101 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tony Farley

    Seller's Agent in 2024

    Tony Farley

    Coldwell Banker Realty

    (937) 232-1311

    91 in this area

    162 Total Sales

    Tony Farley
    Section Image
  • Megan Winstead

    Buyer's Agent in 2024

    Megan Winstead

    RE/MAX

    (614) 800-6066

    4 in this area

    88 Total Sales

    Megan Winstead
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223036475

Columbus and Central Ohio Regional MLS
Ohio Clark County Springfield 45504

22 W College Ave, Springfield, OH

This home is located at 22 W College Ave, Springfield, OH 45504 since 03 November 2023. This property was built in 1903. 22 W College Ave is a home located in Clark County with nearby schools including Snowhill Elementary School, Roosevelt Middle School, and Springfield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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