NOT LISTED FOR SALE

320 N Jefferson St Delphos, OH 45833

7 Beds
7 Baths
3,900 Sq Ft
4,356 Sq Ft Lot

Last Sold January 29, 2021

Last sale price $272,000 $70 Per Sq Ft

2 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

About This Home

As of January 2021

Outstanding Class-B (7) unit multi-family apartment complex. Professionally maintained and ready for the next investor. This property is located in a great neighborhood and within walking distance to Jefferson Middle School and downtown. This 7-unit complex has low vacancy and many improved features like a newer roof and some bathrooms/kitchens are updated. Great cash flow with $42,600 in yearly incomewhich could be improved! (6) units are one-bedrooms, and 7th unit is an efficiency. All tenants are current and are never late. Standing Cap Rate is 8.5%...which could be improved by adding sub-meters and/or using RUBS! Property is total electric with the landlord paying for trash/mowing/snow removal/water/sewer. This package could be your opportunity for financial freedom. Property Management Services are available for the “hands-off” investor—special 1st year rate applies.,Additional lease options: and 12 Months

Last Agent to Sell the Property

Chet Straley

Straley Realty & Auctioneers- Van Wert License #BRKP.2011001606 Listed on: 12/21/2020

Last Buyer's Agent

Rick Gable

Dick Clark Real Estate, LLC License #2002005109

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,192

Year Built

  • Built in 1967

Lot Details

  • 4,356

Home Design

  • 2-Story Property
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Kitchen

  • Oven
  • Range

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating

Additional Features

  • 7 Bedrooms
  • Lot Dimensions are 60 x 79

Listing and Financial Details

  • Tenant pays for cable TV, cooling, deposit, electricity, heating
  • The owner pays for electricity, grounds care, snow removal, trash collection, water
  • Assessor Parcel Number 25-048720.0000
  • $20 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • On-Site Maintenance

Recreation

  • Snow Removal

Building Details

  • Other Expense $850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,192

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 60 X 79
  • Directions: Property is located on the corner of N. Jefferson St. & W. 4th St.
  • Unit Levels: Two, Bi-Level
  • Year Built: 1967
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 25-048720.0000
  • Tax Info:Tax Annual Amount: 3191.74
  • Foundation:Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Info:Lot Size Dimensions: 60 X 79
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 7
  • Unit 1 Info Sq Ft: 600
  • Cooling:Window Unit(s): Yes
  • Tax Info:Tax Other Annual Assessment Amount2: 20.17
  • Levels:Two2: Yes
  • Financial Details:Other Expense: 850.0
  • Cooling:Wall Unit(s): Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 1 Features:Oven2: Yes
  • Unit 2 Info:Furnished YN2: No
  • Unit 2 Features:Oven3: Yes
  • Location Property Info:Lease Term3: Month To Month
  • Unit 3 Info:Furnished YN3: No
  • Unit 3 Features:Oven4: Yes
  • Unit 4 Info:Furnished YN4: No
  • Unit 4 Features:Oven5: Yes
  • Unit 4 Features:Range5: Yes
  • Unit 6 Info:Furnished YN6: No
  • Unit 7 Info:Furnished YN7: No
  • Roof:Asphalt3: Yes
  • Levels:Bi-Level: Yes
  • Owner Pays:Electricity2: Yes
  • Owner Pays:Water2: Yes
  • Owner Pays:Grounds Care: Yes
  • Owner Pays:Snow Removal2: Yes
  • Owner Pays:Trash Collection2: Yes
  • Unit 1 Features:Smoke Detector(s)2: Yes
  • Unit 2 Features:Smoke Detector(s)3: Yes
  • Unit 3 Features:Smoke Detector(s)4: Yes
  • Unit 4 Features:Smoke Detector(s)5: Yes
  • Special Features: VirtualTour

Interior Features

  • Owner Pays: Electricity, Grounds Care, Snow Removal, Trash Collection, Water
  • Total Bedrooms: 7
  • Unit 1 Features:Range2: Yes
  • Unit 1 Features:Refrigerator2: Yes
  • Unit 2 Features:Range3: Yes
  • Unit 2 Features:Refrigerator3: Yes
  • Unit 3 Features:Range4: Yes
  • Unit 3 Features:Refrigerator4: Yes

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Slab
  • Roof: Asphalt
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Street
  • Parking Features:On Street: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Electric: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Community Features: Coin Laundry
  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Delphos

Lot Info

  • Land Lease: No
  • Parcel #: 25-048720.0000
  • Zoning Description: Multi-Family

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Cable TV, Cooling, Deposit, Electricity, Heating

Multi Family

  • Number Of Units Total: 7
  • Insurance Expense: 1137.0
  • Resident Manager Expense: 4060.0

Tax Info

  • New Taxes Expense: 3191.74
  • Tax Annual Amount: 3191.74

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
01/29/2021 01/29/21 Sold $272,000 -2.7% $70 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/21/2020 12/21/20 For Sale $279,500 +43.3% $72 / Sq Ft
10/13/2016 10/13/16 Sold $195,000 0.0% $50 / Sq Ft View Prior Sale
08/23/2016 08/23/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $195,000 -- $50 / Sq Ft
Source: West Central Association of REALTORS® (OH)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chet Straley

    Seller's Agent in 2021

    Chet Straley

    Straley Realty & Auctioneers- Van Wert

    (419) 605-8410

    2 in this area

    238 Total Sales

    Chet Straley
    Section Image

  • R

    Buyer's Agent in 2021

    Rick Gable

    Dick Clark Real Estate, LLC

    (419) 230-1504

    39 in this area

    64 Total Sales

    Rick Gable
    Section Image
See All Agents

Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 203558

Ohio Van Wert County Delphos 45833

320 N Jefferson St, Delphos, OH

This home is located at 320 N Jefferson St, Delphos, OH 45833 since 21 December 2020. This property was built in 1967. 320 N Jefferson St is a home located in Van Wert County with nearby schools including Delphos St. John's High School and Delphos St. John's Elementary School.

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