Views
Address
147 College Street Wadsworth, OH
Price
$ 280,000
Property Attributes
  • MLS#4027090
  • TypePending
  • CountyMEDINA
  • CityWadsworth
  • AreaWadsworth
  • Zip44281
  • StyleMixed Use
  • Year Built1993
  • Taxes5624
  • Price$ 280,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3608
  • Lot Size3,920 SqFt
Listing Provided Courtesy Of:
Eric Cooper with Coldwell Banker Schmidt Realty
Property Description

Low maintenance building Great high traffic location in the heart of downtown Wadsworth's historic district 4 retail stores/office/misc. commercial spaces (3 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 -pays: $500 Front left, 20x21 -2 storefront windows -pays: $600 -Above two units being rented as one -discounted to $1000 a month Front center, 17x17 w/storefront window and rear one-way glass window -pays: $400 Right corner, 16x12 w/storefront and side facing window,+ rear office/public entry w/window 16x8.5 -pays:$425 -Owner pays utilities for commercial units 2 large, 1 bed apartments up (msrmnt avail.) shared balcony and both have great views of the street below w/huge bedrooms, 1 w/walk-in closet $625 -tenant pays utilities. Basement with shared laundry 2 storage rms 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 Rents have room to be adjusted in the future. After the passing of the majority owner, the building was left at 50% vacancy or more for most of 2018. Vacancies historically easy to fill. All rents are an additional $50 if not paid by the 1st of each month. All leases recently renewed w/exception of one. 2020 PROJECTED CAP RATE 9.8 - 10.25

Price History
8/8/2019 Listed $310,000
8/10/2019 5% - $295,000
1/8/2020 6% - $280,000

General Features

Flooring Carpet
Levels Two
Location Downtown, Historic Area, Other, Public Transport, Suburban
MLS Area Wadsworth
Property SubType Mixed Use
Property Type Commercial Sale
Security Features Security System, Fire Sprinkler System, Security Lights
Stories 2
Terms Cash, Conventional
Township Wadsworth City
Water Sewer Expense 44

Interior Features

Above Grade Finished Area 3608
Air Conditioning Y/N Yes
Basement Common Basement, Full, Unfinished
Building Features Pole Sign, Public Restrooms
Cooling Central Air
Heating Forced Air, Gas
Heating Y/N Yes
Living Area 3608

Exterior Features

Lot Dimensions 65x60
Lot Size Acres 0.09
Lot Size Area 0.09
Lot Size Source Assessor
Lot Size Units Acres
Parking Features Assigned, On Site, Outside, Private, On Street
Roof Flat, Pitched, Rubber
Sewer Public Sewer
Total Parking 6
Water Source Public
OriginalMLSID 4027090

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 44281

Price
AVG $330K
$280K
Taxes
AVG $130,630
$5,624
Visits
AVG 25
6
Year Built
AVG 1977
1993
Walkscore
AVG 27
75
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.