Open House Tue, Jun 13th 04:00 PM - 05:00 PM
Address
532 E High Avenue, Bellefontaine, OH
Price
$ 1,500,000
Property Attributes
- MLS#1025338
- TypeMulti-Family
- CountyLOGAN
- CityBellefontaine
- Area901 Bellefontaine
- NeighborhoodVms 4990
- Zip43311
- Style
- Year Built1972
- Taxes$ 15502
- Price$ 1,500,000
- Bedrooms30
- Full Bathrooms15
- Half Bathrooms9
- Sqr Footage16938
- Lot Size1.29 Acres
Data Source:
Western Regional Information Systems & Technology, Inc (WRIST)
Property Description
Apartment Complex! Investment opportunity with 15 units near Mary Rutan Park. Nine of the units are townhouse-style and the remaining six units are ranch-style. Each Townhouse apartment consists of 1210 sqft with 2 BR, 1.5 BA, and washer/dryer hookup in the full bath; all bedrooms and full bath are on the second floor plus each have a patio and owner provides a dumpster; most of the water heaters have been updated. Each ranch apartment consists of 1008 sqft with 2 BR, 1 BA, and a utility room featuring a washer/dryer hook-up; some have decks and some have patios. The ranch units have updates including: 3 furnaces, 6 AC units and some new water heaters; tenants pay all utilities and owner provides a dumpster. 529-533 E Brown have seller-owned AC units (six total ACs) and on these units tenants pay water, sewer, trash and electric. There are ample parking spaces around this property including a 50x99' parking lot off High Street for two of the buildings and 1-2 spots per unit at the other buildings: 24+/- spots total. Several tenants have a long rent history, and 13 of the 15 units are month-to-month leases. Gross Monthly Rent is $11,870 and there is a total of $11,370 in security deposits. There is road frontage on both High Ave and Brown Ave totaling 345' and the property features 1.289 acres of land. Zoned R3. No showings until the Open House on 06/13/2023 from 4:00PM-5:00PM. Addresses included: 521-525 E Brown Ave, 529-533 E Brown Ave, and 530-540 E High Ave; Bellefontaine, OH 43311. Curb-side Offers may be presented prior to the open house.
| Price History | |
|---|---|
| 5/19/2023 | Listed $1,500,000 |
General Features
| Appliances | Dishwasher, Electric Water Heater, Range, Refrigerator |
|---|---|
| Basement | Block, Crawl Space |
| Cooling | Central Air, Window Unit(s) |
| Garage | No Garage |
| Manufactured Home | No |
| Number of Garage Spaces | 0.00 |
| Property Type | B |
| Sewer | Public Sewer |
| Special Features | Bath 1st Floor, Bed 1st Floor |
| Township | Lake |
| Utilities | Separate Meters |
| Zoning | Residential |
Interior Features
| Heating | Baseboard, Forced Air |
|---|---|
| Inside Features | Attic |
Exterior Features
| Exterior | Brick, Vinyl Siding |
|---|---|
| Lot Dimensions | 345' Frontage |
| Outside Features | Deck, Patio |
| Water Source | Supplied Water |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 43311
Price
Taxes
Visits
Year Built
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The data relating to real estate for sale on this web site comes
in part from the Broker Reciprocity™ program of the Multiple
Listing Service of Greater Cincinnati. Real estate listings held by
brokerage firms other than RE/MAX Victory + Affiliates are marked with the MLS ™ logo
(the small logo to the left) and detailed information about them includes
the name of the listing brokers. The information herein is furnished by the property owner
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Western Regional Information Systems and Technology, Inc. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. "WRIST, Inc. deems information reliable but not guaranteed."
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