329 Beaver Street, Celina, OH 45822
$230,000
Property Type:
Residential Income
Bedrooms:
6
Status:
Closed
Current Price:
$230,000
List Date:
6/22/2021
Last Modified:
9/05/2024
Description
Feast your eyes (and portfolio) on this outstanding and unique multi-family property. The property is situated in a quiet area of Celina, Ohio and Grand Lake is within walking distance. This 6-unit complex has low vacancy and strong value-add features. Great cash flow with $41,160.00 in yearly income...which could be improved! The NOI is $23,380.00...which could be improved. Standing Cap Rate is over 8%...which could be improved! The owner takes great pride in maintaining a professional residential complex. There are (6) one-bedroom apartments plus garage space below them. One unit is downstairs and the other five are upstairs. There is also approximately 3600 sq feet of shop space with a cement floor and electric. The property has one electric, gas, and water meter. There is also a laundry facility that features a coin-operated washer and dryer. This package could be your opportunity for financial freedom. Property Management Services are available for the 'hands- off' investor.
More Information MLS# 205438
Location Property Info
Current Price: $230,000
Original List Price: 289900
Property Sub Type: Multi Family
Sold Price: $230,000
Status: Closed
List Date: 2021-06-22
Street #: 329
Street Name: Beaver
Street Suffix: Street
County: Mercer
State: OH
Postal Code: 45822
General Property Info
Land Lease Y/N: No
Exceptions: n/a
Legal Description: Overly & Conklin Add Lot 30
FEMA Flood Zone Y/N: No
Bedrooms Total: 6
# Of Units Total: 6
Tax Info
Parcel #: 27-233500.0000
Tax Annual Amount: 1456.56
Status Change Info
Status Change Date: 2021-12-23
Pending Date: 2021-12-13
Concession Comments: None
Close Date: 2021-12-23
Sold Price: $230,000
Unit 1 Info
Efficiency Y/N: No
# of Bedrooms: 1
Total Baths (Legacy): 1
Monthly Income: 600
Furnished Y/N: No
Unit 2 Info
Efficiency Y/N: No
# of Bedrooms: 1
Total Baths (Legacy): 1
Monthly Income: 540
Furnished Y/N: No
Unit 3 Info
Efficiency Y/N: No
# of Bedrooms: 1
Total Baths (Legacy): 1
Monthly Income: 540
Furnished Y/N: No
Unit 4 Info
Efficiency Y/N: No
# of Bedrooms: 1
Total Baths (Legacy): 1
Monthly Income: 525
Furnished Y/N: No
Unit 5 Info
Efficiency Y/N: No
# of Bedrooms: 1
Total Baths (Legacy): 1
Monthly Income: 500
Furnished Y/N: No
Unit 6 Info
Efficiency Y/N: No
# of Bedrooms: 1
Total Baths (Legacy): 1
Monthly Income: 600
Furnished Y/N: No
Property Features
Architectural Style: Other; See Remarks
Construction Materials: Other
Cooling: Central Air
Foundation: Slab
Heating: Forced Air; Other
Listing Terms: Cash
Sewer: Public Sewer
Special Listing Conditions: Fair Market
Water Source: Public
Listing Office: Straley Realty & Auctioneers- Van Wert
Last Updated: September - 05 - 2024
IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data deemed reliable, but is not guaranteed accurate.