NOT LISTED FOR SALE
1 Bed
-- Bath
-- Sq Ft
1.32 Acres

Last Sold August 15, 2018

Last sale price $680,000

9 Days on Market

Highlights

  • 2-Story Property
  • Cooling System Mounted In Outer Wall Opening
  • Wood Siding
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of August 2018

Huge Investment opportunity with a ton of upside potential! Portfolio of 4 assets for sale in total. 40 units in Ada, OH-- 6 buildings--12 studios($295/mo), 24 one bedroom($395/mo), and 4 two bedroom apartments($550/mo). Units need some work/updates, but priced accordingly. Property is located across the street from Ohio Northern University. Contact Listing Agent to schedule a showing. Must provide a bank letter/Pre-Approval prior to showing. Do not disturb tenants. Contact Listing Agent for inquiries on other assets in this portfolio.

Last Agent to Sell the Property

Non Member

Non-member Office Listed on: 07/15/2018

Last Buyer's Agent

Jeff Dulmage

Hartsock Realty License #2015002150

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,516

Year Built

  • Built in 1972

Lot Details

  • 1.32

Parking

  • Off-Street Parking

Home Design

  • 2-Story Property
  • Metal Roof
  • Wood Siding
  • Aluminum Siding
  • Vinyl Siding

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating and Cooling System
  • Private Sewer

Additional Features

  • 1 Bedroom
  • Crawl Space

Listing and Financial Details

  • The owner pays for grounds care, sewer, snow removal, trash collection, water
  • Assessor Parcel Number 252400100000

Community Details

Overview

  • No Home Owners Association
  • 40 Units
  • On-Site Maintenance

Recreation

  • Snow Removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,516

Year Built

Built in 1972

Lot Details

1.32 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: 3 AC
  • Architectural Style: Ranch
  • Unit Levels: One, Two
  • Year Built: 1972
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 252400100000
  • Tax Info:Tax Annual Amount: 15516.0
  • Architectural Style:Ranch: Yes
  • Cooling:Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Roof:Metal2: Yes
  • General Property Info:Lot Size Dimensions: 3 AC
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 40
  • Levels:Two2: Yes
  • Cooling:Wall Unit(s): Yes
  • Sewer:Private Sewer: Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 2 Info:Furnished YN2: No
  • Unit 3 Info:Furnished YN3: No
  • Unit 4 Info:Furnished YN4: No
  • Unit 6 Info:Furnished YN6: No
  • Unit 7 Info:Furnished YN7: No
  • Unit 8 Info:Furnished YN8: No
  • Owner Pays:Sewer2: Yes
  • Owner Pays:Water2: Yes
  • Owner Pays:Grounds Care: Yes
  • Owner Pays:Snow Removal2: Yes
  • Owner Pays:Trash Collection2: Yes
  • Foundation:Crawl Space2: Yes
  • Special Features: None

Interior Features

  • Owner Pays: Grounds Care, Sewer, Snow Removal, Trash Collection, Water
  • Total Bedrooms: 1

Exterior Features

  • Construction Type: Aluminum Siding, Vinyl Siding, Wood Siding
  • Roof: Metal
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, Off Street
  • Parking Features:Other20: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Electric
  • Heating Yn: Yes
  • Sewer: Private Sewer, Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Ada

Lot Info

  • Land Lease: No
  • Parcel #: 252400100000
  • Zoning Description: Multi-Family

Multi Family

  • Number Of Units Total: 40
  • Property Net Operating Income: 96965.0
  • Annual Operating Expense: 32143.0

Tax Info

  • Tax Annual Amount: 15516.0
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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
08/15/2018 08/15/18 Sold $680,000 0.0% --
07/24/2018 07/24/18 Pending -- -- --
07/15/2018 07/15/18 For Sale $680,000 -- --
Source: West Central Association of REALTORS® (OH)

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
2024 $3,134 $56,750 $11,480 $45,270
2023 $3,125 $56,750 $11,480 $45,270
2022 $4,290 $76,150 $11,480 $64,670
2021 $4,700 $76,150 $11,480 $64,670
2020 $4,753 $76,150 $11,480 $64,670
2019 $4,733 $76,150 $11,480 $64,670
2018 $4,666 $76,150 $11,480 $64,670
2017 $4,574 $76,150 $11,480 $64,670
2016 $4,672 $78,420 $13,760 $64,660
2015 $4,259 $78,420 $13,760 $64,660
2014 $4,635 $78,420 $13,760 $64,660
2013 $4,612 $78,420 $13,760 $64,660
Source: Public Records

Agents Affiliated with this Home

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Source: West Central Association of REALTORS® (OH)

MLS Number: 109576

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