Gail Garland
LEPI & ASSOC.
(220) 203-3809
97 Total Sales
1 in Cambridge
$1,900,011 Price
902 Beatty Ave Cambridge, OH 43725
Cambridge Area
5
Beds
4
Baths
2,500
Sq Ft
3,920
Sq Ft Lot
About This Home
As of July 2023Fully turnkey 4-plex rented for $2,619/mo. Current cap rate 9% with upwards potential for 10% through rent increases. These properties are fully stabilized through significant improvements and currently under professional management with an experienced local property manager. All units have room for rental growth and rent increase. Preferably sold as package with 431 N 11th, 1207 Steubenville, 1001 Beatty, 435 Gomber, and 500 N 9th. Request Offering Memorandum for more details on property/portfolio.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,561
Year Built
- Built in 1900
Lot Details
- 3,920
Home Design
- 2,500 Sq Ft Home
- Mixed Use
- Frame Construction
Parking
- Garage
- Off-Street Parking: 1
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- Basement
Listing and Financial Details
- The owner pays for trash collection
- Assessor Parcel Number 060003336000
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $11,058
- Gross Income $31,428
- Net Operating Income $20,370
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2023
Closed on
Jul 13, 2023
Sold by
Redwood Capital Group Llc
Bought by
Seller's Agent
Marc Rice
Reafco
Buyer's Agent
Clinton McGilvray
SEO Cornerstone Realty
List Price
$225,900
Sold Price
$223,333
Premium/Discount to List
-$2,567
-1.14%
Views
51
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Outstanding Balance
$323,998
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 25, 2022
Sold by
Cameli Enterprises Llc
Bought by
Redwood Capital Group Llc
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cambridge, OH
-
Gail Garland
-
Amy Marinello
Amy Marinello
Berkshire Hathaway HomeServices Professional Realty
(234) 299-1728
352 Total Sales
1 in Cambridge
$334,700 Price
-
Tiffany Wisecarver
Tiffany Wisecarver
Responds QuicklyTeam Realty 1st
(740) 721-3579
59 Total Sales
1 in Cambridge
$185,000 Price
-
Roberta Lepi
Roberta Lepi
Lepi & Associates
(740) 674-3607
268 Total Sales
5 in Cambridge
$80K - $1.4M Price Range
-
Daniel Robison
Daniel Robison
Lepi & Associates
(740) 303-6191
222 Total Sales
3 in Cambridge
$170K - $1.9M Price Range
-
Tera Svetlik
Tera Svetlik
Keller Williams Legacy Group Realty
(234) 231-9758
78 Total Sales
2 in Cambridge
$135K - $310K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Landsel Title | ||
| Jomak Properties Llc | $152,760 | Landsel Title | |
| Jomak Properties Llc | $182,015 | Landsel Title | |
| Redwood Capital Group Llc | $742,000 | None Listed On Document |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $335,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/13/2023 07/13/23 | Sold | $223,333 | -1.1% | $89 / Sq Ft |
| 05/04/2023 05/04/23 | For Sale | $225,900 | -- | $90 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,660 | $26,878 | $6,167 | $20,711 |
| 2024 | $1,660 | $26,871 | $6,161 | $20,710 |
| 2023 | $1,637 | $25,977 | $5,268 | $20,709 |
| 2022 | $1,561 | $25,980 | $5,270 | $20,710 |
| 2021 | $1,535 | $25,980 | $5,270 | $20,710 |
| 2020 | $1,518 | $24,930 | $4,350 | $20,580 |
| 2019 | $1,509 | $24,930 | $4,350 | $20,580 |
| 2018 | $1,446 | $24,930 | $4,350 | $20,580 |
| 2017 | $1,459 | $24,930 | $4,350 | $20,580 |
| 2016 | $1,462 | $24,930 | $4,350 | $20,580 |
| 2015 | $1,462 | $24,930 | $4,350 | $20,580 |
| 2014 | -- | $26,930 | $3,780 | $23,150 |
| 2013 | $1,598 | $26,930 | $3,780 | $23,150 |
Source: Public Records
Agents Affiliated with this Home
-
Marc Rice
Seller's Agent in 2023
Marc Rice
Reafco
(614) 363-2787
151 Total Sales
-
Clinton McGilvray
Buyer's Agent in 2023
Clinton McGilvray
SEO Cornerstone Realty
(740) 297-6343
39 Total Sales
Map
Source: Columbus and Central Ohio Regional MLS
MLS Number: 223012798
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Information is deemed reliable but not guaranteed.
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