NOT LISTED FOR SALE

van Wert, OH 45891

5 Beds
4 Baths
3,066 Sq Ft
7,405 Sq Ft Lot

Last Sold November 22, 2019

Last sale price $63,000 $21 Per Sq Ft

60 Days on Market

About This Home

As of November 2019

Great investment opportunity waiting for you! This property is being offered at almost 14% NET RETURN. Try to match that with the stock market if you think you can. Extremely well taken care of property. Brand new furnace in unit 412. Owner responsible for water, mowing, snow removal, insurance, taxes, and maintenance. Tenants responsible for trash, electric, and gas. Also a potential fourth unit can be renovated to add even more cash flow and higher returns to this property.

Last Agent to Sell the Property

Warren Straley

Straley Realty & Auctioneers- Van Wert License #2013001077 Listed on: 09/12/2019

Last Buyer's Agent

Chet Straley

Straley Realty & Auctioneers- Van Wert License #BRKP.2011001606

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $701

Year Built

  • Built in 1900

Lot Details

  • 7,405

Home Design

  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 5 Bedrooms
  • 2-Story Property
  • Partial Basement

Kitchen

  • Oven
  • Range

Parking

  • 1 Parking Space
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Private Sewer

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Tenant pays for gas, trash collection, electricity
  • Assessor Parcel Number 12-023648.0000
  • $114 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$701

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: .17 A
  • Directions: 406-412 Gordon Ave Van Wert, OH 45891
  • Unit Levels: Two
  • Year Built: 1900
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 12-023648.0000
  • Tax Info:Tax Annual Amount: 701.32
  • Remarks Misc:Private Remarks2: Buyer's agents to attend all inspections, showings, appraisals, etc. Commission calculated on sales price minus concessions.
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Cooling:None4: Yes
  • Foundation:Block2: Yes
  • General Property Info:Lot Size Dimensions: .17 A
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 4
  • Tax Info:Tax Other Annual Assessment Amount2: 114.0
  • Levels:Two2: Yes
  • Sewer:Private Sewer: Yes
  • Unit 1 Info:Furnished YN: No
  • Unit 1 Features:Oven2: Yes
  • Unit 2 Info:Furnished YN2: No
  • Unit 2 Features:Oven3: Yes
  • Location Property Info:Lease Term3: 12 Months
  • Unit 3 Info:Furnished YN3: No
  • Unit 3 Features:Oven4: Yes
  • Unit 4 Info:Furnished YN4: No
  • Unit 6 Info:Furnished YN6: No
  • Unit 7 Info:Furnished YN7: No
  • Unit 8 Info:Furnished YN8: No
  • Roof:Asphalt3: Yes
  • Special Features: VirtualTour

Interior Features

  • Has Basement: Partial
  • Total Bedrooms: 5
  • Basement:Partial: Yes
  • Unit 1 Features:Range2: Yes
  • Unit 1 Features:Refrigerator2: Yes
  • Unit 2 Features:Range3: Yes
  • Unit 2 Features:Refrigerator3: Yes
  • Unit 3 Features:Range4: Yes
  • Unit 3 Features:Refrigerator4: Yes

Exterior Features

  • Construction Type: Aluminum Siding, Vinyl Siding
  • Foundation Details: Block
  • Roof: Asphalt
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes
  • Unit 1 Info:Parking Total3: 1
  • Unit 2 Info:Parking Total4: 1
  • Unit 3 Info:Parking Total5: 1
  • Unit 4 Info:Parking Total6: 1

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Private Sewer, Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Van Wert City

Lot Info

  • Land Lease: No
  • Parcel #: 12-023648.0000

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Gas, Trash Collection, Electricity

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 701.32

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List 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 List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $63,000 0.0% $21 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $63,000 -- $21 / Sq Ft
Source: West Central Association of REALTORS® (OH)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Warren Straley

    Seller's Agent in 2019

    Warren Straley

    Straley Realty & Auctioneers- Van Wert

    (419) 979-9308

    147 in this area

    224 Total Sales

    Warren Straley
    Section Image
  • Chet Straley

    Buyer's Agent in 2019

    Chet Straley

    Straley Realty & Auctioneers- Van Wert

    (419) 605-8410

    101 in this area

    232 Total Sales

    Chet Straley
    Section Image
See All Agents

Source: West Central Association of REALTORS® (OH)

MLS Number: 113639

Ohio Van Wert County Van Wert

45891

Not Listed for Sale

MultiFamily

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