NOT LISTED FOR SALE

240 Us Highway 42 SE London, OH 43140

9 Beds
7 Baths
2,992 Sq Ft
0.98 Acres

Last Sold June 30, 2020

Last sale price $350,000 $117 Per Sq Ft

46 Days on Market

Highlights

  • Deck
  • Separate Outdoor Workshop
  • Porch
  • Ranch Style House
  • 2 Car Detached Garage
  • Water Softener is Owned

About This Home

As of June 2020

Fabulous investment opportunity. This 7 unit single story apartment complex sits on approximately 2 combined acres. (Two separate parcels) All units have long term tenants. 2 separate buildings. Building 1 offers 4 units and Building 2 offers 3 units. There is an additional 2 car detached heated garage with a workshop/office space that could be leased or separated into storage units for additional rental income. Apartments Utilize a private well and septic system therefore there is no water/sewage bill. Each unit has a private entrance. This is a well cared for and maintained property with great income potential. All tenants are currently on a month to month lease. please allow 24-48 hour notice for a showing of these properties. All interested parties must provide proof of funds or pre-approval letter prior to any showings.

Last Agent to Sell the Property

Amanda Naylor

RE/MAX Victory + Affiliates License #2003000026 Listed on: 05/06/2020

RE/MAX Victory + Affiliates

Last Buyer's Agent

Tony Farley

Coldwell Banker Realty License #2016005985

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,685

Year Built

  • Built in 1983

Lot Details

  • 0.98 Acre Lot

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation
  • Wood Siding

Interior Spaces

  • 2,992 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Full Bathrooms

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Porch

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Separate Meters
  • Shared Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Association fees include sewer, water, trash
  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 0500194000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,685

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Architectural Style: Ranch
  • Structure Type: Duplex, House
  • Additional Tax Info: Additional Parcels
  • Includedin Fee: Sewer, Water, Trash
  • Level Style: One, Side by Side
  • Semi-Annual Tax: 3842.38
  • Year Built: 1983
  • Additional Parcel I Ds: 05-00192.000
  • Document Count: 1
  • Documents: Lead Based Paint Disclosure, Property Disclosure and Lead Based Paint, Property Disclosure, Other
  • Listing I D: 1002776
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, Conventional
  • Parcel I D Number Formatted: 05-00194.000
  • Property Group I D: 19990816212116581394000000
  • Type Of Contract: Exclusive Right To Sell
  • One Bedrooms: 5
  • Two Bedrooms: 2
  • Units Rooms Gross Monthly Rent: 4295.00
  • Units Rooms Oven Range Total: 6
  • Units Rooms Refrigerator Total: 7
  • Total Number of Units: 7
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Water Softener Owned, Refrigerator, Range
  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • Basement: Crawl Space
  • Inside Features: Ceiling Fan(s)
  • Price/ Sq Ft: 133.66
  • Total Bedrooms: 9
  • Total Square Footage: 2992.00

Exterior Features

  • Other Structures: Workshop
  • Exterior: Brick, Wood Siding
  • Foundation: Brick/Mortar
  • Outside Features: Deck, Porch

Garage/Parking

  • Garage: Detached, Workshop in Garage, Garage Door Opener
  • Garage Spaces: 2.00

Utilities

  • Cooling: Window Unit(s)
  • Heating System: Baseboard, Electric
  • Utilities: Separate Meters
  • Sewer: Septic Tank
  • Water Source: Shared Well

Schools

  • School District: 4903 London CSD

Lot Info

  • Acres: 0.98
  • Lot Dimensions: 250 by 300
  • Zoning: Commercial, Residential
  • Land Info: Residential Lot
  • Parcel Id Number: 0500194000

Tax Info

  • Tax Year: 2019

MLS Schools

  • School District: 4903 London CSD

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 Prior Sale
06/30/2020 06/30/20 Sold $350,000 -12.5% $117 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $399,900 0.0% $134 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $399,900 +42.9% $134 / Sq Ft
06/08/2015 06/08/15 Sold $279,900 -6.7% $94 / Sq Ft View Prior Sale
05/09/2015 05/09/15 Pending -- -- --
12/02/2014 12/02/14 For Sale $299,900 -- $100 / Sq Ft
Source: Western Regional Information Systems & Technology (WRIST)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Amanda Naylor

    RE/MAX

    Section Image
  • Tony Farley

    Buyer's Agent in 2020

    Tony Farley

    Coldwell Banker Realty

    (937) 232-1311

    162 Total Sales

    Tony Farley
    Section Image
  • Michael Hessenauer

    Seller's Agent in 2015

    Michael Hessenauer

    The Hessenauer Corporation

    (614) 568-7791

    9 Total Sales

    Michael Hessenauer
    Section Image

  • D

    Buyer's Agent in 2015

    Diana Kavy

    Buckeye Realty Group

See All Agents

Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1002776

Western Regional Information Systems & Technology (WRIST)
Ohio Madison County London 43140

240 Us Highway 42 SE, London, OH

This home is located at 240 Us Highway 42 SE, London, OH 43140 since 06 May 2020. This property was built in 1983. 240 Us Highway 42 SE is a home located in Madison County with nearby schools including London Elementary School, London Middle School, and London 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.

Western Regional Information Systems & Technology (WRIST) 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.

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