, Ada, OH 45810 (MLS# 109576)

Ada, OH 45810

$680,000
Property Type: Residential Income Bedrooms: 1 Status: Closed
Current Price: $680,000 List Date: 7/15/2018 Last Modified: 9/05/2024

Description

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.

More Information MLS# 109576

Location & Property Info

Township: Liberty Zoning: Multi-Family School District: Ada AssociationY/N: No

General Property Info

Land Lease Y/N: No Lot Size Dimensions: 3 AC Lot Size Square Feet: 0 Exceptions: No Legal Description: On File FEMA Flood Zone Y/N: No Bedrooms Total: 1 Rooms Total: 3 # Of Units Total: 40 Year Built: 1972

Tax Info

Parcel #: 252400100000 Tax Annual Amount: 15516 Annual Water Assessment: 0 Annual Sewer Assessment: 0 Tax Other Annual Assessment Amount: 0

Remarks & Misc

Public Remarks: 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.

Unit 1 Info

Efficiency Y/N: No Total Baths (Legacy): 1 Monthly Income: 295 Furnished Y/N: No # of Total Rooms: 1

Construction Materials

Aluminum Siding: 1 Vinyl Siding: 1 Wood Siding: 1

Architectural Style

Ranch: 1

Unit 2 Info

Efficiency Y/N: No # of Bedrooms: 1 Total Baths (Legacy): 1 Monthly Income: 395 Furnished Y/N: No # of Total Rooms: 2

Cooling

Central Air: 1 Wall Unit(s): 1

Listing Terms

Cash: 1 Conventional: 1

Unit 3 Info

Efficiency Y/N: No Total Baths (Legacy): 0 Monthly Income: 0 Furnished Y/N: No

Unit 4 Info

Efficiency Y/N: No Total Baths (Legacy): 0 Monthly Income: 0 Furnished Y/N: No

Financial Details

Electric Expense: 0 Fuel Expense: 0 Insurance Expense: 0 Maintenance Expense: 0 Manager Expense: 0 Net Operating Income: 96965 New Taxes Expense: 0 Operating Expense: 32143 Other Expense: 0 Water Sewer Expense: 0

Unit 5 Info

Efficiency Y/N: No Total Baths (Legacy): 0 Monthly Income: 0 Furnished Y/N: No

Heating

Electric: 1 Forced Air: 1

Unit 6 Info

Efficiency Y/N: No Total Baths (Legacy): 0 Monthly Income: 0 Furnished Y/N: No

Unit 7 Info

Efficiency Y/N: No Total Baths (Legacy): 0 Monthly Income: 0 Furnished Y/N: No

Unit 8 Info

Efficiency Y/N: No Total Baths (Legacy): 0 Monthly Income: 0 Furnished Y/N: No

Foundation

Crawl Space: 1

Sewer

Private Sewer: 1 Public Sewer: 1

Owner Pays

Grounds Care: 1 Sewer: 1 Snow Removal: 1 Trash Collection: 1 Water: 1

Special Listing Conditions

Fair Market: 1

Parking Features

Off Street: 1 Other: 1

Levels

One: 1 Two: 1

Water Source

Public: 1

Roof

Metal: 1

Location Property Info

Current Price: $680,000 Property Sub Type: Multi Family Sold Price: $680,000 Status: Closed List Date: 2018-07-15 County: Hardin State: OH Postal Code: 45810

Status Change Info

Status Change Date: 2018-08-15 Pending Date: 2018-07-24 Close Date: 2018-08-15 Sold Price: $680,000

Property Features

Architectural Style: Ranch Construction Materials: Aluminum Siding; Vinyl Siding; Wood Siding Cooling: Central Air; Wall Unit(s) Foundation: Crawl Space Heating: Electric; Forced Air Levels: One; Two Listing Terms: Cash; Conventional Owner Pays: Grounds Care; Sewer; Snow Removal; Trash Collection; Water Parking Features: Off Street; Other Roof: Metal Sewer: Private Sewer; Public Sewer Special Listing Conditions: Fair Market Water Source: Public
Listing Office: Non-member Office
IDX
Last Updated: September - 05 - 2024
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