$1,149,500
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1.04 Acres Lot
SOLD DATE : 04/28/2025
Key Details
Sold Price $1,149,500
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Springfield 08
MLS Listing ID 5101794
Sold Date 04/28/25
HOA Y/N No
Year Built 1979
Annual Tax Amount $17,699
Tax Year 2023
Lot Size 1.040 Acres
Acres 1.04
Property Sub-Type Apartment
Property Description
17-Unit Apartment Complex, Fully Occupied, Brick & Vinyl Exterior, Storage Garages, Off Street Parking. Mogadore, OH, Summit County. Live Auction with Bidding Available. ABSOLUTE AUCTION, all sells to the highest bidder on location. ONLINE BIDDING BEGIN MONDAY, MARCH 10, 2025 – 9:00 AM and AUCTION LIVE ON-SITE BIDDING WILL BEGIN THURSDAY, MARCH 13, 2025, 12:30 PM.
Real estate comprises 17 units, fully occupied, (16) one-bedroom, (1) two-bedroom with loft. Good rental history, most all tenants are 55 and over (senior living). Built-in 1979 with brick & vinyl exterior, two-story, city utilities. All units have separate utilities, tenants pay their gas & electric. Central coin-op laundry with 2 washers and, 2 dryers. Current rents total over $110,000 per year. Great investment opportunity! Situated on 1.04 acres with off-street blacktop parking (approx. 20 spaces). Summit Co. parcel #5501521. Family-owned since 2006. Better take a look! The property will be open for viewing on auction day starting at 10:30 am.
Location
State OH
County Summit
Rooms
Basement Storage Space
Interior
Heating Gas
Cooling Central Air
Fireplace No
Exterior
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Schools
School District Mogadore Lsd - 7709
Others
Senior Community Yes
Tax ID 5501521
Financing Conventional
Special Listing Condition Auction
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Bought with George P Kiko • Kiko