147 College Street Wadsworth, OH
$ 280,000
Property Attributes
  • MLS#4027292
  • TypePending
  • CountyMEDINA
  • CityWadsworth
  • AreaWadsworth
  • Zip44281
  • StyleDuplex
  • Year Built1993
  • Taxes5624
  • Price$ 280,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms1
  • 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
8/10/2018 Listed $352,000
9/6/2018 7% - $330,000
11/26/2018 7% - $310,000
8/15/2019 5% - $295,000
1/8/2020 6% - $280,000

General Features

High School District Wadsworth CSD
MLS Area Wadsworth
Property SubType Duplex
Property Type Residential
Security Features Security System, Smoke Detector(s)
Stories 2
Terms Cash, Conventional
Total Units 2
Township Wadsworth City

Interior Features

Above Grade Finished Area 3608
Above Grade Finished Area Source Assessor
Air Conditioning Y/N Yes
Appliances Dryer, Oven, Range, Refrigerator, Washer
Basement Full, Unfinished
Below Grade Finished Area Source Assessor
Cooling Central Air
Full Baths 2
Half Baths 1
Heating Forced Air, Gas
Heating Y/N Yes
Living Area 3608
Total Baths 3
Total Bedrooms 2

Exterior Features

Construction Materials Brick
Exterior Features Paved Driveway
Facing Direction North
Lot Features City Lot
Lot Size Acres 0.09
Lot Size Area 0.09
Lot Size Source Assessor
Lot Size Units Acres
Number of Buildings 1
Parking Features Parking Lot
Roof Flat, Pitched, Rubber
Sewer Public Sewer
View City
View Y/N Yes
Water Source Public
OriginalMLSID 4027292


  • 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

AVG $330K
AVG $130,630
AVG 25
Year Built
AVG 1977
AVG 27
Data Provided by Walkscore ® not using MLS data

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