Sold
Address
532 E High Avenue, Bellefontaine, OH
Price
$ 1,400,000
Property Attributes
  • MLS#1025338
  • TypeMulti-Family
  • CountyLOGAN
  • CityBellefontaine
  • Zip43311
  • Style
  • Price$ 1,400,000
  • 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. Addresses included: 521-525 E Brown Ave, 529-533 E Brown Ave, and 530-540 E High Ave; Bellefontaine, OH 43311.

Price History

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

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