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
Overview
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.
Listing Details MLS# 223014836
Location Property Info
- Original List Price
- 1500000
- 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
- MLS Entry Date
- 2023-05-19
General Property Info
- Number of Units
- 15
- # of Buildings
- 5
- Total Parking
- 21
- 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/SqFt
- 82.44
2 Bedroom
- 2 Bedroom # of Units
- 15
More Information
Auction Info
- Auction/Online Bidding Y/N
- No
Sale Info
- Seller Assisted Fin
- Y
- Seller/Buyer Concessions
- N
Location & Property Info
- List Price/SqFt
- 88.32
- City (Mailing Addr)
- Bellefontaine
- Corp LimitPerAuditor
- Bellefontaine
Office/Contract Info
- Active on MLS
- 2023-05-23
- For Sale
- Yes
- Exchange
- No
Remarks & Misc
- Property 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.
Income/Expenses
- Gross Income
- 11870
- Net Operating Income
- 0
- Total Expenses
- 0
Addl Acceptance Cond
- None Known
- Yes
Construction
- Brick
- Yes
- Vinyl Siding
- Yes
Heat Fuel
- Electric
- Yes
Parking Features
- Common
- Yes
Sewer
- Public Sewer
- Yes
Services Available
- Electricity Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
Miscellaneous
- W/D Hookups
- Yes
Tenant Pays
- Sewer
- Yes
- Trash Collection
- Yes
- Water
- Yes
- Electricity
- Yes
Heating
- Forced Air
- Yes
- Other
- Yes
New Financing
- Conventional
- Yes
Air Conditioning
- Central Air
- Yes
- Other
- Yes
Owner Pays
- Trash
- Yes
MLS Primary PhotoSrc
- Realtor Provided
- Yes
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 L Daring-Stewart
Last Updated: March - 01 - 2025
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