640 Cumberland Drive, Celina, OH 45822
$2,100,000
Property Type:
Residential Income
Bedrooms:
10
Baths:
8
Square Footage:
22,660
Status:
Closed
Current Price:
$2,100,000
List Date:
6/03/2024
Last Modified:
9/05/2024
Description
Excellent investment opportunity! 30 ranch apartments near Celina Schools. 24 that are 2 bedroom 1 bath units, 6 1 bedroom, 1 bath units.
1 unit vacancy being cleaned and readied, with a waiting list. All units have porches, patios, refrigerators, ranges, storm doors, and washer and dryer hookups. Gas forced heat and air. Plenty of off street parking. All units built 1988 and 1991. Roofs are 10 years or newer. All properties have been well maintained. The sellers have self managed this apartment community. Buyers are asked to arrange conventional financing as needed for this acquisition.
Please note: This MLS is for 30 units. There are also 12 units which are 6 1 bedroom units and 6 2 bedroom units. There are 42 apartments available : 30 2 bedroom, and 12 1 bedroom.
More Information MLS# 304155
Location & Property Info
List Price/SqFt: 112.53
Zoning: Residential
School District: Celina Schools
AssociationY/N: No
General Property Info
Land Lease Y/N: No
Lot Size Dimensions: 2.83 AC
Exceptions: 0
FEMA Flood Zone Y/N: No
Bathrooms Total: 8
Bedrooms Total: 10
Bathrooms Half: 0
Rooms Total: 0
# Of Units Total: 30
Garage Spaces: 0
Private Pool Y/N: No
Living Area SqFt: 22660
Bathrooms Full: 8
Year Built: 1988
Tax Info
Parcel #: 27314000000
Remarks & Misc
Directions: Go north on Main Street, east on Wayne, to Cumberland.
Public Remarks: Excellent investment opportunity! 30 ranch apartments near Celina Schools. 24 that are 2 bedroom 1 bath units, 6 1 bedroom, 1 bath units.
1 unit vacancy being cleaned and readied, with a waiting list. All units have porches, patios, refrigerators, ranges, storm doors, and washer and dryer hookups. Gas forced heat and air. Plenty of off street parking. All units built 1988 and 1991. Roofs are 10 years or newer. All properties have been well maintained. The sellers have self managed this apartment community. Buyers are asked to arrange conventional financing as needed for this acquisition.
Please note: This MLS is for 30 units. There are also 12 units which are 6 1 bedroom units and 6 2 bedroom units. There are 42 apartments available : 30 2 bedroom, and 12 1 bedroom.
Status Change Info
Concession Comments: This is for the 30 units
Sold Price/SqFt: 92.67
Status Change Date: 2024-09-04
Pending Date: 2024-06-21
Close Date: 2024-09-03
Sold Price: $2,100,000
Unit 1 Info
Efficiency Y/N: No
# of Bedrooms: 1
# of Full Baths: 1
SqFt: 640
Monthly Income: 535
Furnished Y/N: No
Parking Total: 2
Unit 1 Features
Dryer Hookup: 1
Patio: 1
Range: 1
Refrigerator: 1
Washer Hookup: 1
Construction Materials
Brick: 1
Frame: 1
Wood Siding: 1
Architectural Style
Ranch: 1
Unit 2 Info
Efficiency Y/N: No
# of Bedrooms: 1
# of Full Baths: 1
SqFt: 640
Monthly Income: 535
Furnished Y/N: No
Parking Total: 2
Cooling
Central Air: 1
Listing Terms
Cash: 1
Other: 1
Unit 2 Features
Dryer Hookup: 1
Patio: 1
Range: 1
Refrigerator: 1
Storm Door(s): 1
Washer Hookup: 1
Unit 3 Info
Efficiency Y/N: No
# of Bedrooms: 1
# of Full Baths: 1
SqFt: 640
Monthly Income: 535
Furnished Y/N: No
Parking Total: 2
Unit 3 Features
Dryer Hookup: 1
Patio: 1
Porch: 1
Range: 1
Refrigerator: 1
Storm Door(s): 1
Washer Hookup: 1
Unit 4 Info
Efficiency Y/N: No
# of Bedrooms: 1
# of Full Baths: 1
SqFt: 640
Monthly Income: 535
Furnished Y/N: No
Parking Total: 2
Possession
Subject To Tenant Rights: 1
Unit 4 Features
Dryer Hookup: 1
Patio: 1
Porch: 1
Range: 1
Refrigerator: 1
Storm Door(s): 1
Washer Hookup: 1
Unit 5 Info
Efficiency Y/N: No
# of Bedrooms: 1
# of Full Baths: 1
SqFt: 640
Monthly Income: 535
Furnished Y/N: No
Parking Total: 2
Heating
Forced Air: 1
Natural Gas: 1
Separate Meters: 1
Unit 6 Info
Efficiency Y/N: No
# of Bedrooms: 1
# of Full Baths: 1
SqFt: 640
Monthly Income: 535
Furnished Y/N: No
Parking Total: 2
Unit 7 Info
Efficiency Y/N: No
# of Bedrooms: 2
# of Full Baths: 1
SqFt: 916
Monthly Income: 565
Furnished Y/N: No
Unit 8 Info
Efficiency Y/N: No
# of Bedrooms: 2
# of Full Baths: 1
SqFt: 916
Monthly Income: 565
Furnished Y/N: No
Foundation
Crawl Space: 1
Sewer
Public Sewer: 1
Owner Pays
Grounds Care: 1
Snow Removal: 1
Tenant Pays
Electricity: 1
Gas: 1
Sewer: 1
Water: 1
Parking Features
Off Street: 1
See Remarks: 1
Levels
One: 1
Utilities
Electricity Connected: 1
Water Connected: 1
Water Source
Public: 1
Roof
Asphalt: 1
Records At Listing Office
Other: 1
Showing Considerations
Occupied: 1
Location Property Info
Current Price: $2,100,000
Original List Price: 2550000
Property Sub Type: Multi Family
Sold Price: $2,100,000
Status: Closed
List Date: 2024-05-22
Street #: 640
Street Name: Cumberland
Street Suffix: Drive
County: Mercer
State: OH
Postal Code: 45822
Property Features
Unit 1 Features: Dryer Hookup; Patio; Range; Refrigerator; Washer Hookup
Unit 2 Features: Dryer Hookup; Patio; Range; Refrigerator; Storm Door(s); Washer Hookup
Unit 3 Features: Dryer Hookup; Patio; Porch; Range; Refrigerator; Storm Door(s); Washer Hookup
Unit 4 Features: Dryer Hookup; Patio; Porch; Range; Refrigerator; Storm Door(s); Washer Hookup
Architectural Style: Ranch
Construction Materials: Brick; Frame; Wood Siding
Cooling: Central Air
Foundation: Crawl Space
Heating: Forced Air; Natural Gas; Separate Meters
Levels: One
Listing Terms: Cash; Other
Owner Pays: Grounds Care; Snow Removal
Parking Features: Off Street; See Remarks
Possession: Subject To Tenant Rights
Records At Listing Office: Other
Roof: Asphalt
Sewer: Public Sewer
Showing Considerations: Occupied
Tenant Pays: Electricity; Gas; Sewer; Water
Utilities: Electricity Connected; Water Connected
Water Source: Public
Documents
Floor plan ›
Listing Office:
Master Key Realty
Last Updated: September - 05 - 2024
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