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
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