24249 Lincoln HWY Highway, Delphos, OH 45833
$282,500
Property Type:
Residential Income
Bedrooms:
10
Baths:
9
Square Footage:
9,058
Status:
Closed
Current Price:
$282,500
List Date:
5/19/2023
Last Modified:
9/05/2024
Description
Welcome to a unique opportunity to own a multi family property on the edge of town! This 16 unit complex offers all ground floor living, ample parking, in unit kitchenettes, on site laundry facility and on site management. Sitting on over 2 acres there is room for improvement as well! The greenspace can be converted to additional amenities for the tenants, storage units, billboards or additional rental units. So many opportunities to increase revenue or decrease expenses all while having a steady flow of income.
More Information MLS# 300904
Location & Property Info
List Price/SqFt: 38.64
Zoning: Multi-Family
School District: Delphos
AssociationY/N: No
General Property Info
Lot Size Dimensions: 2.37
Exceptions: 0
Legal Description: LOT 1229 DELPHOS CORP OR 418 PG 4068
FEMA Flood Zone Y/N: No
Bathrooms Total: 9
Basement Y/N: No
Bedrooms Total: 10
Bathrooms Half: 1
Rooms Total: 6
# Of Units Total: 17
Enhanced Accessible: No
Garage Spaces: 0
Private Pool Y/N: No
Living Area SqFt: 9058
Bathrooms Full: 8
Tax Info
Parcel #: 25-051858.3300
Tax Annual Amount: 1535
Annual Water Assessment: 0
Annual Sewer Assessment: 0
Tax Other Annual Assessment Amount: 0
Remarks & Misc
Public Remarks: Welcome to a unique opportunity to own a multi family property on the edge of town! This 16 unit complex offers all ground floor living, ample parking, in unit kitchenettes, on site laundry facility and on site management. Sitting on over 2 acres there is room for improvement as well! The greenspace can be converted to additional amenities for the tenants, storage units, billboards or additional rental units. So many opportunities to increase revenue or decrease expenses all while having a steady flow of income.
Status Change Info
Concession Comments: None
Sold Price/SqFt: 31.19
Status Change Date: 2023-06-10
Pending Date: 2023-05-24
Close Date: 2023-06-08
Sold Price: $282,500
Unit 1 Info
Efficiency Y/N: Yes
# of Bedrooms: 1
# of Full Baths: 1
# of Half Baths: 1
SqFt: 500
Furnished Y/N: No
# of Total Rooms: 2
Parking Total: 1
Construction Materials
Aluminum Siding: 1
Architectural Style
Ranch: 1
Unit 2 Info
Efficiency Y/N: Yes
# of Bedrooms: 1
# of Full Baths: 1
SqFt: 500
Furnished Y/N: No
# of Total Rooms: 2
Parking Total: 1
Cooling
Window Unit(s): 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Unit 3 Info
Efficiency Y/N: Yes
# of Bedrooms: 1
# of Full Baths: 1
SqFt: 500
Unit 4 Info
Efficiency Y/N: Yes
# of Bedrooms: 1
# of Full Baths: 1
SqFt: 500
Furnished Y/N: No
Parking Total: 1
Financial Details
Electric Expense: 1100
Net Operating Income: 30132
Possession
Subject To Tenant Rights: 1
Unit 5 Info
Efficiency Y/N: Yes
# of Bedrooms: 1
# of Full Baths: 1
SqFt: 500
Furnished Y/N: No
# of Total Rooms: 2
Parking Total: 1
Heating
Baseboard: 1
Electric: 1
Unit 6 Info
Efficiency Y/N: Yes
# of Bedrooms: 1
# of Full Baths: 1
SqFt: 500
Unit 7 Info
# of Bedrooms: 2
# of Full Baths: 1
SqFt: 500
Unit 8 Info
# of Bedrooms: 2
# of Full Baths: 1
SqFt: 500
Foundation
Slab: 1
Sewer
Public Sewer: 1
Owner Pays
Cable TV: 1
Electricity: 1
Gas: 1
Heating: 1
Water: 1
Special Listing Conditions
Fair Market: 1
Parking Features
Off Street: 1
Levels
One: 1
Utilities
Cable Available: 1
Electricity Connected: 1
Natural Gas Available: 1
Water Connected: 1
Water Source
Public: 1
Roof
Asphalt: 1
See Remarks: 1
Records At Listing Office
Lease: 1
Personal Property Inventory: 1
Previous Income Tax Return: 1
Location Property Info
Current Price: $282,500
Original List Price: 350000
Property Sub Type: Multi Family
Sold Price: $282,500
Status: Closed
List Date: 2023-04-24
Street #: 24249
Street Name: Lincoln HWY
Street Suffix: Highway
County: Van Wert
State: OH
Postal Code: 45833
Property Features
Architectural Style: Ranch
Construction Materials: Aluminum Siding
Cooling: Window Unit(s)
Foundation: Slab
Heating: Baseboard; Electric
Levels: One
Listing Terms: 1031 Exchange; Cash; Conventional
Owner Pays: Cable TV; Electricity; Gas; Water
Parking Features: Off Street
Possession: Subject To Tenant Rights
Records At Listing Office: Lease; Personal Property Inventory; Previous Income Tax Return
Roof: Asphalt; See Remarks
Sewer: Public Sewer
Special Listing Conditions: Fair Market
Utilities: Cable Available; Electricity Connected; Natural Gas Available; Water Connected
Water Source: Public
Documents
RPD Lincoln Hwy ›
Listing Office:
KW Greater Columbus Realty
Last Updated: September - 05 - 2024
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