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147 College Street
Wadsworth, OH 44281

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Property Details

List Price: $295,000
Beds: 2
Baths: 3
Status: Active
SqFt: --
Agency: Coldwell Banker Hunter Realty

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Lot Size: --
Property Type: MultiFamily
Year Built: 1993
Notes: 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.

Listing Provided By: Coldwell Banker Hunter Realty, original listing
Office Phone: (330) 645-2960
Agent Name: Eric Cooper

Local Real Estate Expert

Valarie Jarocki
Weichert Realtors- Image
Main: (505) 301-9160

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