NOT LISTED FOR SALE

411 E Newell St West Liberty, OH 43357

11 Beds
10 Baths
6,205 Sq Ft
0.34 Acres

Last Sold April 05, 2023

Last sale price $550,000 $89 Per Sq Ft

28 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • West Liberty-Salem Elementary School Rated A-
  • Garage

About This Home

As of April 2023

Attention INVESTORS....Rare 10 unit multi-family ranch in the Heart of West Liberty. All units have had long term tenants, 9 units renting at $630, 1 unit with 2 bedrooms and garage renting at $850 per month. Gross revenue of $78,240. Curb Offers Only, DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Antonio Giordano

RE/MAX Partners License #446124 Listed on: 03/17/2023

RE/MAX Partners

Last Buyer's Agent

Antonio Giordano

RE/MAX Partners License #446124 Listed on: 03/17/2023

RE/MAX Partners

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,295

Year Built

  • Built in 1940

Lot Details

  • 0.34 Acre Lot

Home Design

  • 6,205 Sq Ft Home
  • Brick Exterior Construction
  • Vinyl Siding

Parking

  • Garage
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 20-145-09-12-004-000

Community Details

Overview

  • 10 Units

Building Details

  • Water Sewer Expense $9,600
  • Operating Expense $14,000
  • Gross Income $78,240
  • Net Operating Income $64,240

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,295

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1940
  • Tax Year: 2022
  • Property Sub-Type: Apartment
  • Lot Size Acres: 0.34
  • Total Gross Income: 78240.0
  • Co List Office Phone: 614-504-0014
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 78240.0
  • Annual Expenses: 14000.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 6205.0
  • Heat Fuel Electric4: Yes
  • Owner Pays Water4: Yes
  • Miscellaneous Garages: Yes
  • Air Conditioning Central Air: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Vinyl Siding2: Yes
  • Construction:Brick2: Yes
  • Construction:Aluminum: Yes

Garage/Parking

  • Parking Features On Street2: Yes
  • Parking Features 1 Car Garage2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 9600.0

Schools

  • Junior High Dist: WEST LIBERTY SALEM LSD 1105 CHA CO.

Lot Info

  • Parcel Number: 20-145-09-12-004-000
  • Lot Size Sq Ft: 14810.4

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 10
  • Net Operating Income: 64240.0
  • Annual Operating Expense: 14000.0

Tax Info

  • Tax Annual Amount: 5295.0

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
04/05/2023 04/05/23 Sold $550,000 -4.3% $89 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $575,000 +4.5% $93 / Sq Ft
03/09/2023 03/09/23 Off Market $550,000 -- --
02/20/2023 02/20/23 For Sale $575,000 +86.3% $93 / Sq Ft
12/30/2019 12/30/19 Sold $308,700 -11.8% $61 / Sq Ft View Prior Sale
11/25/2019 11/25/19 For Sale $349,900 -- $69 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 223005900

Columbus and Central Ohio Regional MLS