NOT LISTED FOR SALE

404 Fair Ave NW New Philadelphia, OH 44663

4 Beds
4 Baths
2,284 Sq Ft
8,712 Sq Ft Lot

Last Sold December 15, 2021

Last sale price $240,000 $105 Per Sq Ft

14 Days on Market

Highlights

  • City View
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Corner Lot

About This Home

As of December 2021

Great Investment property with great income! Fully occupied four units, garage and sits on a corner lot. Close to downtown, school, park and much more making it a very attractive place for tenants. The units include 2 studio apartments and 2 2 bedroom units. The 2 bedroom units currently rent for $645 and $675 per month, and studios currently rent for $475. The garage is also rented. Total monthly income $2495.00. The owners have invested $92K in updates. These updates are new windows, carpet, appliances, new garage door and paint. Unit 3 had a complete renovation, new bathroom in unit 4 and complete renovation of unit 2. Subject to seller finding suitable property for a 1031 Tax Exchange.

Last Agent to Sell the Property

Kathy Pietro

Barnett Inc. Realtors License #319810 Listed on: 10/27/2021

Last Buyer's Agent

Jan McInturf

McInturf Realty License #314352

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,763

Year Built

  • Built in 1890

Lot Details

  • Corner Lot

Home Design

  • Slate Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,284 Sq Ft Home
  • 2-Story Property
  • City Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • No Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric
  • The owner pays for gas, sewer, trash collection, water
  • Assessor Parcel Number 43-01326.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,763

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 105.08
  • Estimated Price per Sq Ft: 105.08
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2284
  • Year Built: 1890
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Appliances Equipment: Range, Refrigerator
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Detail: Full, Unfinished
  • Sq Ft Approx Above Grade Finished: 2284.00
  • Sq Ft Approx Total Finished: 2284.00

Exterior Features

  • View: City View
  • Exterior: Vinyl
  • Roof: Slate

Garage/Parking

  • Driveway: Paved
  • Garage Features: Detached, Door Opener
  • Garage Num Of Cars: 2

Utilities

  • LaundryFeatures: None
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Schools

  • School District: New Philadelphia CSD
  • School District: New Philadelphia CSD

Lot Info

  • Lot Description: Corner
  • Lot Size Units: Acres
  • Parcel Number: 43-01326.000

Rental Info

  • Owner Pays: Gas, Sewer, Trash Collection, Water
  • Tenant Pays: Electric

Multi Family

  • Unit Count: 4
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 100

Tax Info

  • Tax: 1763

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
12/15/2021 12/15/21 Sold $240,000 -4.0% $105 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $249,900 0.0% $109 / Sq Ft
07/26/2021 07/26/21 Rented $600 0.0% --
07/15/2021 07/15/21 For Rent $600 0.0% --
06/04/2019 06/04/19 Rented $600 0.0% --
05/30/2019 05/30/19 For Rent $600 0.0% --
12/18/2018 12/18/18 Sold $138,500 +13849900.0% $61 / Sq Ft View Prior Sale
11/27/2018 11/27/18 Pending -- -- --
11/02/2018 11/02/18 For Sale $1 -- $0 / Sq Ft
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: 4328721

MLS Now

APN: 43-01326.000