147 College Street

    Wadsworth, OH 44281
    • $295,000
    • STATUS: Active
    • ON SITE: 435 days
    • MLS #: 4027292
    UPDATED: 25 min ago
    $295,000
    • 2
      BEDS
    • 0.09
      ACRES
    • 2
      BATHS
    • 1
      1/2 BATHS
    • 3,608
      SQFT
    • $82
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1993
    County:
    Area:

    School Ratings & Info

    School District:
    Listing courtesy of Coldwell Banker Schmidt Realty.
    Listing information © 2017 NEOHREX MLS.

    Description

    Great high traffic location in the heart of downtown Wadsworth's popular historic district! • 4 retail stores/office/misc. commercial spaces (3 of which have significant storefront windows), plus 2 large, 1 bdrm apartments upstairs • Clean well cared for building • 100% occupancy •Rear left space, 20x21 w/large closet or small office, 2 rear windows -leased -pays: $500 •Front left, 20x21 -2 storefront windows -leased -pays: $600 -Above two units being rented as one -$1000 a month •Front center, 17x17 w/storefront window and rear one-way glass window -leased -pays: $375 •Right corner, 16x12 w/storefront and side facing window,+ rear office/public entry w/window 16x8.5 -leased -pays:$425 -Owner pays utilities for commercial units 2 large, 1 bed apartments up (measurements avail.), shared balcony and both have great views of the street below w/ gigantic bedrooms, 1 w/walk-in closet $650 & $625 -tenant pays utilities Basement with shared laundry • 2 storage rooms • washer/dryer stay • new rear windows in '18 • all furnace & AC units new in last 3 years • newer h2o tanks • Low operating expenses • 1 apt. painted and main living area new laminate flooring in 2019 • Rent prices have a lot of room to be adjusted, Seller rarely ever raised the rent. After the passing of the majority owner, the building was left at 50% vacancy or more for most of 2018, with the sellers believing it would need to be so in order to sell. Vacancies historically easy to fill.

    Monthly Payment Calculator

    Listing information © 2019 NEOHREX Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Howard Hanna are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2019-10-20T18:08:34.977.
    www.clevelandhomefinder.com/homes/86464924

    147 College Street Wadsworth, OH 44281

    • Price: $295,000
    • Status: Active
    • Updated: 25 min ago
    • MLS #: 4027292
    2
    Beds
    2
    Baths
    1
    ½ Baths
    0.09
    Acres
    3,608
    SQFT
    $82
    $/SQFT
    1993
    Built
    Neighborhood:
    Wadsworth
    County:
    Medina
    Area:
    Wadsworth
    School District:
    Wadsworth CSD
    Property Description
    Great high traffic location in the heart of downtown Wadsworth's popular historic district! • 4 retail stores/office/misc. commercial spaces (3 of which have significant storefront windows), plus 2 large, 1 bdrm apartments upstairs • Clean well cared for building • 100% occupancy •Rear left space, 20x21 w/large closet or small office, 2 rear windows -leased -pays: $500 •Front left, 20x21 -2 storefront windows -leased -pays: $600 -Above two units being rented as one -$1000 a month •Front center, 17x17 w/storefront window and rear one-way glass window -leased -pays: $375 •Right corner, 16x12 w/storefront and side facing window,+ rear office/public entry w/window 16x8.5 -leased -pays:$425 -Owner pays utilities for commercial units 2 large, 1 bed apartments up (measurements avail.), shared balcony and both have great views of the street below w/ gigantic bedrooms, 1 w/walk-in closet $650 & $625 -tenant pays utilities Basement with shared laundry • 2 storage rooms • washer/dryer stay • new rear windows in '18 • all furnace & AC units new in last 3 years • newer h2o tanks • Low operating expenses • 1 apt. painted and main living area new laminate flooring in 2019 • Rent prices have a lot of room to be adjusted, Seller rarely ever raised the rent. After the passing of the majority owner, the building was left at 50% vacancy or more for most of 2018, with the sellers believing it would need to be so in order to sell. Vacancies historically easy to fill.
    Exterior Features

    Architectural Style 2 Unit Condo Construction Materials Brick Garage YN No Lot Features City Lot Parking Features Off StreetParking Lot Roof Flat

    Interior Features

    Appliances DryerOvenRangeRefrigeratorWasher Basement FullUnfinished Basement YN Yes Below Grade Finished Area 0 Cooling Central Air Cooling YN Yes Foundation Details Basement Heating Forced AirGas Heating YN Yes

    Property Features

    Above Grade Finished Area 3608 Direction Faces North Gross Income 36600 Home Warranty YN No Listing Terms CashConventional Net Operating Income 31092 Number Of Units In Community 6 Operating Expense 5508 Owner Pays None Ownership Principal/Nr Property Sub Type Duplex Security Features Smoke Detector(S) Sewer Public Sewer Tax Annual Amount 5624 Tenant Pays All Utilities Township Wadsworth City View City Water Source Public Year Built Details Actual Ybt

    Listing information © 2019 NEOTHREX Multiple Listing Service.
    Listing provided courtesy of Coldwell Banker Schmidt Realty.
    Listing information © 2019 NEOHREX Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Howard Hanna are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2019-10-20T18:08:34.977.
     
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    Listing courtesy of Coldwell Banker Schmidt Realty.
    Listing information © 2017 NEOHREX MLS.