NOT LISTED FOR SALE

235 N Water St Loudonville, OH 44842

4 Beds
3 Baths
2,388 Sq Ft
5,663 Sq Ft Lot

Last Sold December 06, 2017

Last sale price $58,000 $24 Per Sq Ft

448 Days on Market

Highlights

  • Deck
  • Porch
  • Forced Air Heating System

About This Home

As of December 2017

Large triplex on quiet street. Unit 1 (downstairs front) has 1 BR/1 BA, unit 2 (downstairs rear) has 2 BR/1 BA, and unit 3 (upstairs) has 1 BR/1 BA. All units occupied with month-to-month leases. Good rental history and positive cash flow. Several updates in past five years including upstairs windows.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1860

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 60 x 93

Home Design

  • Shingle Roof
  • Fiberglass Roof
  • Asphalt Roof
  • Rubber Roof
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 2,388 Sq Ft Home
  • 1.5-Story Property
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • No Garage
  • Paved Parking
  • Open Parking

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Washer And Dryer In Unit 1 Belong To Tenant.
  • Total Actual Rent $17,040
  • Tax Lot R=26 LOT 468-A
  • Assessor Parcel Number C090260001801
  • $6 per year additional tax assessments

Community Details

Overview

  • 3 Units

Building Details

  • New Taxes Expense $1,096
  • Gross Income $1,420
  • Net Operating Income $11,643

Property Details

Home Type

Multi-Family

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Lot Size: 60 x 93
  • Exclusions: Washer And Dryer In Unit 1 Belong To Tenant.
  • Directions: From intersection of Main & Water in downtown Loudonville, go North on Water. House on left at corner of Water and Madison.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Year Built: 1860
  • Attribution Contact: 4192812000
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Unit 1 Range, Unit 2 Range, Unit 3 Range, Unit 1 Refrigerator, Unit 2 Refrigerator, Unit 3 Refrigerator
  • Has Basement: Partial
  • Total Bedrooms: 4
  • Living Area: 2388

Exterior Features

  • Disclosures: Property Disclosure, Lead Based Paint Disclosure
  • Home Warranty: No
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Porch
  • Roof: Asphalt, Rubber, Fiberglass, Shingle

Garage/Parking

  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features: No Garage, Stone
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Electric: Ohio Edison/First Energy
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 580
  • Trash Expense: 342
  • Annual Water Sewer Expense: 588

Schools

  • Junior High Dist: Loudonville/Perrysville

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Farm Land Area Units: Square Feet
  • Parcel #: C090260001801
  • Zoning Description: RL-3-Residential Districts
  • ResoLotSizeUnits: SquareFeet

Green Features

Rental Info

  • Lease Term: Unit 1 Lease Length(Mtm),Unit 2 Lease Length(Mtm),Unit 3 Lease Length(Mtm),Unit 4 Lease Length(0)

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 1799
  • Annual Gross Income: 1420
  • Insurance Expense: 1000
  • Property Net Operating Income: 11643
  • Number Of Units Vacant: 6
  • Total Actual Rent: 17040

Tax Info

  • New Taxes Expense: 1095.78
  • Tax Lot: R=26 LOT 468-A
  • Tax Other Annual Assessment Amount: 6

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 Change Sq Ft Price
12/06/2017 12/06/17 Sold $58,000 -27.4% $24 / Sq Ft
11/02/2017 11/02/17 Pending -- -- --
08/10/2016 08/10/16 For Sale $79,900 -- $33 / Sq Ft
Source: Ashland Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Map

Source: Ashland Board of REALTORS®

MLS Number: 219029

APN: C09-026-0-0018-01