532 E High Avenue, Bellefontaine, OH 43311
$1,400,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
56,192
Status:
Closed
Current Price:
$1,400,000
List Date:
5/23/2023
Last Modified:
3/01/2025
Description
Apartment Complex! Investment opportunity with 15 units near Mary Rutan Park. Nine 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, & washer/dryer hookup in the full bath; owner provides a dumpster. Each Ranch apartment consists of 1008 sqft with 2 BR, 1 BA, and utility room featuring a washer/dryer hook-up. Ample parking spaces including a 50x99' parking lot off High Street for two buildings and 1-2 spots per unit at the other buildings: 24+/- spots total. 13 are month-to-month leases. Gross Monthly Rent is $11,870 with a total of $11,370 in security deposits.
Supplements: ********
More Information MLS# 223014836
Location Property Info
Original List Price: 1500000
Sold Price: $1,400,000
Property Sub Type: Mixed Use
Street #: 532
Street PreDirection: E
Street Name: High
Street Suffix: Avenue
County: Logan
State: OH
Zip Code: 43311
School District: BELLEFONTAINE CSD 4601 LOG CO.
Township: Lake
OfficeContract Info
Status: Closed
MLS Entry Date: 2023-05-19
General Property Info
Number of Units: 15
# of Buildings: 5
Total Parking: 21
Off Street Parking Spaces: 1
Building Sqft: 16983
Year Built: 1972
Built Prior to 1978: Yes
Occupancy Rate: 100
Acreage: 1.29
Use Code: 419 - OTHER COMMERCIAL HOUSING
Tax Info
Parcel #: 17-092-09-04-006-002
Zoning: R3
Mult Parcels/Sch Dis: Yes
Addl Parcel Numbers: All Parcels: 17-092-09-04-006-000, 17-092-09-04-006-001, 17-092-09-04-006-002, 17-092-09-04-006-003, 17-092-09-04-006-004, and 17-092-09-04-015-000.
Tax Year: 2022
Tax Abatement: No
Taxes (Yrly): 1502.88
Tax Incentive: No
Status Change Info
Under Contract Date: 2023-06-26
Sold Date: 2023-07-31
Sold Price: $1,400,000
Sold Price/SqFt: 82.44
2 Bedroom
2 Bedroom # of Units: 15
Auction Info
Auction/Online Bidding Y/N: No
Sale Info
Seller Assisted Fin: Y
Seller/Buyer Concessions: N
Property Features
Addl Acceptance Cond: None Known
Parking Features: Common
Owner Pays: Trash
Tenant Pays: Electricity; Sewer; Trash Collection; Water
Heat Fuel: Electric
Heating: Forced Air; Other
Air Conditioning: Central Air; Other
Construction: Brick; Vinyl Siding
Sewer: Public Sewer
Services Available: Electricity Available; Sewer Available; Water Available
Miscellaneous: W/D Hookups
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Documents
LBP ›Listing Office: ROYER REALTY LLC
Listing Agent: Bryn Daring-Stewart
Last Updated: March - 01 - 2025
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