NOT LISTED FOR SALE

4614 W State Route 20 Gibsonburg, OH 43431

-- Bed
-- Bath
2,893 Sq Ft
0.51 Acres

Last Sold April 12, 2022

Last sale price $110,000 $38 Per Sq Ft

Highlights

  • Corner Lot
  • Radiant Heating System
  • 1-Story Property
  • Carpet

About This Home

As of April 2022

This is an amazing business opportunity for you! This 4 unit apartment complex has many updates that include vinyl siding 2012, lower one bed, new bath 2020, lower new cabinets/counters 2015, upstairs 2 bed new carpet 2019, second lower unit new cabinets 2015, bath plumbing new 2021, metal roof 2019, and newer water heaters. Major income potential with little maintenance needed.

Last Listed By

Sean Rizor

The Danberry Co License #2017004695 Listed on: 02/28/2022

The Danberry Co

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.51 Acre Lot
  • Corner Lot
  • Irregular Lot
  • Few Trees

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,893 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Partial Basement

Parking

  • 5 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • Woodmore Elementary School
  • Woodmore High School

Utilities

  • No Cooling
  • Radiant Heating System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for insurance, snow removal, water
  • Assessor Parcel Number 28-01-00-0020-00

Community Details

Overview

  • 4 Units

Pet Policy

  • No Pets Allowed

Building Details

  • 3 Leased Units
  • Operating Expense $4,272
  • Net Operating Income $12,828

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Lot Size Acres: 0.51
  • Lot Size: 22,608
  • Inclusions: ,,
  • Subdivision Name: Other
  • Unit Levels: One
  • Structure Type: Apartment
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Stories: 1
  • Flooring: Carpet
  • Number Of Buildings: 1
  • Owner Pays: Insurance, Snow Removal, Water
  • Has Basement: Partial
  • Basement YN: Yes
  • Interior Amenities: Electric Range Connection
  • Living Area: 2893.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Metal
  • Lot Features: Corner Lot, Irregular Lot, Trees
  • Disclosures: Lead Based Paint Disclosure, Seller Disclosure
  • Construction Type: Vinyl Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Driveway, Gravel, Parking Lot
  • Total Parking Spaces: 5.0

Utilities

  • Heating: Electric, Radiant
  • Sewer: Septic Tank
  • Appliances: Electric Water Heater
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Well

Condo/Co-op/Association

  • Pets: No

Schools

  • Junior High Dist: Woodmore

Lot Info

  • Parcel #: 28-01-00-0020-00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Electricity

Multi Family

  • Net Operating Income: 12828.0
  • Number Of Units Total: 4
  • Number Of Units Leased: 3
  • Annual Operating Expense: 4272.0
  • Total Actual Rent: 1425.0

MLS Schools

  • Elementary School: Woodmore
  • HighSchool: Woodmore

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 Change Sq Ft Price
04/12/2022 04/12/22 Sold $110,000 -8.3% $38 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $120,000 -- $41 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sean Rizor

    Seller's Agent in 2022

    Sean Rizor

    The Danberry Co

    (419) 779-1939

    89 Total Sales

    Sean Rizor
    Section Image

  • N

    Buyer's Agent in 2022

    NONMLS NONMLS

    NON MLS MEMBER

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6083235

Northwest Ohio Real Estate Information Service (NORIS)

Ohio Sandusky County Gibsonburg 43431

4614 W State Route 20, Gibsonburg, OH

Homes for Sale in Gibsonburg, OH

This home is located at 4614 W State Route 20, Gibsonburg, OH 43431 since 28 February 2022. This property was built in 1900. 4614 W State Route 20 is a home located in Sandusky County with nearby schools including Woodmore Elementary School, Woodmore Middle School, and Woodmore 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.

Northwest Ohio Real Estate Information Service (NORIS) 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. Information is deemed reliable but not guaranteed. ©2025 NORIS. All rights reserved.

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