NOT LISTED FOR SALE

717 Center St Ashland, OH 44805

9 Beds
7 Baths
5,016 Sq Ft
15,682 Sq Ft Lot

Last Sold April 30, 2020

Last sale price $214,000 $43 Per Sq Ft

4 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Porch
  • Baseboard Heating
  • 1-minute walk to Center Street Historic District

About This Home

As of April 2020

Rare investment opportunity! 7 units, fully occupied, very low vacancy rate. Building has been very well maintained and is full of beautiful, historical charm and character. 3 story building with 5015 sq ft. Tenants pay their own electric, owner pays gas and water for the building and electric for common areas. Off-street parking. New roof in 2019. $3667 mo. gross income

Last Agent to Sell the Property

Justin Gerwig

RE/MAX Towne & Country Realty Brokerage Phone: 4196513253 License #2017003205 Listed on: 03/03/2020

RE/MAX Towne & Country Realty

Last Buyer's Agent

Mary Koleno

Jemm Property Management & Realty License #0000394262

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 63 x 252

Parking

  • 2 Car Detached Garage
  • Open Parking

Home Design

  • Rubber Roof
  • Metal Roof
  • Wood Siding
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • 5,016 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $44,004
  • Tax Lot R=38 Lot 839-A
  • Assessor Parcel Number P440380004100

Community Details

Overview

  • 7 Units

Building Details

  • New Taxes Expense $3,233
  • Gross Income $3,667

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0.36 Acres

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.36
  • Lot Size: 63 x 252
  • Directions: From E Main, turn south onto Center Street, property will be on the left. Parking is on Highland Blvd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Year Built: 1901
  • Attribution Contact: 4196513253
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Unit 1 Range, Unit 2 Range, Unit 3 Range, Unit 4 Range, Unit 5 Range, Unit 6 Range, Unit 7 Range, Unit 1 Refrigerator, Unit 2 Refrigerator, Unit 3 Refrigerator, Unit 4 Refrigerator, Unit 5 Refrigerator, Unit 6 Refrigerator, Unit 7 Refrigerator
  • Has Basement: Full
  • Total Bedrooms: 9
  • Living Area: 5016

Exterior Features

  • Disclosures: Property Disclosure, Lead Based Paint Disclosure
  • Home Warranty: No
  • Construction Type: Wood Siding, Vinyl Siding
  • Patio And Porch Features: Porch
  • Roof: Rubber, Metal

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Detached, 2 Car, Stone
  • Total Parking Spaces: 7

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Natural Gas, Forced Air
  • Heating Yn: Yes
  • Electric: Ohio Edison/First Energy
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 4704
  • Annual Water Sewer Expense: 3516

Schools

  • Junior High Dist: Ashland City

Lot Info

  • Lot Size Sq Ft: 15681.6
  • Farm Land Area Units: Square Feet
  • Parcel #: P440380004100
  • ResoLotSizeUnits: SquareFeet

Green Features

Rental Info

  • Lease Term: Unit 1 Lease Length(Monthly),Unit 2 Lease Length(Monthly),Unit 3 Lease Length(1 Year),Unit 4 Lease Length(1 Year),Unit 5 Lease Length(Monthly),Unit 6 Lease Length(1 Year),Unit 7 Lease Length(1 Year)

Multi Family

  • Number Of Units Total: 7
  • Electric Expense: 1500
  • Annual Gross Income: 3667
  • Insurance Expense: 2640
  • Number Of Units Vacant: 2
  • Total Actual Rent: 44004

Tax Info

  • New Taxes Expense: 3232.86
  • Tax Lot: R=38 Lot 839-A
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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
04/30/2020 04/30/20 Sold $214,000 -6.6% $43 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $229,000 -- $46 / Sq Ft
Source: Ashland Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,475 $63,630 $10,850 $52,780
2024 $3,475 $63,630 $10,850 $52,780
2023 $3,475 $63,630 $10,850 $52,780
2022 $3,517 $60,600 $10,340 $50,260
2021 $3,561 $60,600 $10,340 $50,260
2020 $3,456 $60,600 $10,340 $50,260
2019 $3,233 $54,490 $10,200 $44,290
2018 $3,311 $54,490 $10,200 $44,290
2017 $3,370 $54,490 $10,200 $44,290
2016 $3,370 $54,490 $10,200 $44,290
2015 $3,389 $54,490 $10,200 $44,290
2013 $3,404 $54,750 $9,690 $45,060
Source: Public Records

Agents Affiliated with this Home

  • Justin Gerwig

    Seller's Agent in 2020

    Justin Gerwig

    RE/MAX

    (419) 564-2630

    31 in this area

    138 Total Sales

    Justin Gerwig
    Section Image

  • M

    Buyer's Agent in 2020

    Mary Koleno

    Jemm Property Management & Realty

    (419) 651-3253

    Mary Koleno
    Section Image
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Map

Source: Ashland Board of REALTORS®

MLS Number: 222205

Ohio Ashland County Ashland 44805

717 Center St, Ashland, OH

Not Listed for Sale

MultiFamily

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