532 E High Avenue, Bellefontaine, OH 43311 (MLS# 223014836)

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

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 ›

Rents and Deposits ›

Listing Office: ROYER REALTY LLC

Listing Agent: Bryn L Daring-Stewart

Last Updated: March - 01 - 2025

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