466 Lee Street, Mount Gilead, OH 43338

$1,308,500
Property Type: Multi-Family Lot Size (sq. ft.): 60,548 Status: Closed
Current Price: $1,308,500 List Date: 11/24/2021 Last Modified: 2/20/2025

Description

Multi-Unit Housing opportunity for sale. Rare 30-unit apartment complex for sale in Mount Gilead. In 2018, all units were completely gutted to the bare walls, all units rehabbed and currently 100% occupied. Great multi tenant investment. Please do not disturb Tenants/Employees!!!

Supplements: ********

More Information MLS# 221045932

Location & Property Info

List Price/SqFt: 184.24 City (Mailing Addr): Mount Gilead Corp LimitPerAuditor: Mt Gilead

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

Built Prior to 1978: Yes Building Sqft: 7056 Number of Units: 30 Year Built: 1974 Acreage: 1.39

Tax Info

Tax Abatement: No Taxes (Yrly): 8664 Parcel #: G20-0010001402 Tax Year: 2020

Remarks & Misc

Property Description: Multi-Unit Housing opportunity for sale. Rare 30-unit apartment complex for sale in Mount Gilead. In 2018, all units were completely gutted to the bare walls, all units rehabbed and currently 100% occupied. Great multi tenant investment. Please do not disturb Tenants/Employees!!!

Status Change Info

Sold Price/SqFt: 185.45 Under Contract Date: 2021-11-29 Sold Date: 2021-12-30 Sold Price: $1,308,500

Income/Expenses

Gross Income: 218137 Net Operating Income: 75460 Total Expenses: 142677

Addl Acceptance Cond

None Known: 1

1 Bedroom

1 Bedroom # of Units: 6

2 Bedroom

2 Bedroom # of Units: 24

Auction Info

Auction/Online Bidding Y/N: No

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 1300000 Sold Price: $1,308,500 Property Sub Type: Flat Street #: 466 Street Name: Lee Street Suffix: Street County: Morrow State: OH Zip Code: 43338 School District: MT GILEAD EVSD 5903 MOR CO. Township: Gilead

OfficeContract Info

Status: Closed MLS Entry Date: 2021-11-24

Property Features

Addl Acceptance Cond: None Known MLS Primary PhotoSrc: Realtor Provided
Listing Office: Howard Hanna Real Estate Svcs
Listing Agent: Timothy M Weber
Last Updated: February - 20 - 2025
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus Board of Realtors Multiple Listing Service.Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus Board of Realtors Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright 2020 Columbus Board of Realtors. All rights reserved.