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Oak Harbor, OH 43449

$920,000
Property Type: Residential Income Square Footage: 17,210 Lot Size (sq. ft.): 215,186 Status: Closed
Current Price: $920,000 List Date: 11/02/2020 Last Modified: 10/14/2025

Overview

Description

TENANTS DO NOT KNOW THAT THE BUILDINGS ARE FOR SALE. 26 Units, 5 buildings (4 ranch style, 1 two story) Cardinal built. House was converted into 4 efficiency units. Building consist of 12-one bedroom and 10- two bedrooms units.. 2-bedroom units have washer/dryer hookups in them. Onsite laundry-equipment owned.

Listing Details MLS# 6062149

Listing Information

Property Sub Type
Apartment

Status Change Information

Status Change Timestamp
2021-01-20
Purchase Contract Date
2020-11-16
Close Date
2021-01-20
Close Price
920000
Buyer Financing
Conventional

Address

County
Ottawa
State
OH
Postal Code
43449
Postal Code +4
1060
Directions
Rt 2 east to Rt 19, 5.5 miles to property.
Parcel Number
027-1123815029000

Contract

Named Exceptions YN
No
Original List Price
995000
Start Showing Date
2020-11-04
Listing Contract Date
2020-11-02
Listing Agreement
Exclusive Right To Sell
Listing Service
Full Service
List Price/SqFt
53.46
Sold Price/SqFt
53.46

Tax Legal

Subdivision Name
None

Interior

Living Area
17210
Living Area Source
Public Records
Basement SqFt
0

More Information

Parking Information

Carport YN
No
Parking Total
26

Building

Year Built
1976
Stories Total
2

Lot

Lot Size Acres
4.94
Lot Size Square Feet
215186
Lot Size Dimensions
0x

Remarks

Public Historical Remarks
Tenant Expense: Heat, Cable/Satellite, Lease Information: Leased, Equipment: Range Oven, Occupied By: TENANT
Public Remarks
TENANTS DO NOT KNOW THAT THE BUILDINGS ARE FOR SALE. 26 Units, 5 buildings (4 ranch style, 1 two story) Cardinal built. House was converted into 4 efficiency units. Building consist of 12-one bedroom and 10- two bedrooms units.. 2-bedroom units have washer/dryer hookups in them. Onsite laundry-equipment owned.

Income and Expenses

Gross Scheduled Income
167271
Net Operating Income
100172
Operating Expense
67099
Total Actual Rent
0

Unit One

Unit Type Description
Efficiencies
Unit Type Number of Full Baths
Yes
Appliances Included
Yes
Furnished
Unfurnished

Unit Two

Unit Type Description
Building 2
Unit Type Beds Total
2
Unit Type Number of Full Baths
Yes
Appliances Included
Yes
Furnished
Unfurnished

Unit Three

Unit Type Description
Building 3
Unit Type Beds Total
Yes
Unit Type Number of Full Baths
Yes
Appliances Included
Yes
Furnished
Unfurnished

Unit Four

Unit Type Description
Building 3
Unit Type Beds Total
2
Unit Type Number of Full Baths
Yes
Appliances Included
Yes
Furnished
Unfurnished

Unit Five

Unit Type Description
Building 4
Unit Type Beds Total
Yes
Unit Type Number of Full Baths
Yes
Appliances Included
Yes
Furnished
Unfurnished

Unit Six

Unit Type Description
Building 4
Unit Type Beds Total
2
Unit Type Number of Full Baths
Yes
Appliances Included
Yes
Furnished
Unfurnished

Unit Seven

Unit Type Description
Building 5
Unit Type Beds Total
Yes
SqFt per Unit
Yes
Appliances Included
No

Tax & Legal

School District
Benton-Carroll-Salem
Elementary/Primary School
R. C. Waters
High School
Oak Harbor
6 Months General Tax
7410
6 Months Special Assessment Tax
0
6 Months Total Tax
7410
Auction YN
No

Association/Community

Number Of Buildings
5
Number Of Units Total
26

Appliances

Dryer
Yes
Refrigerator
Yes
Washer
Yes
Water Heater
Yes

Construction Materials

Wood Siding
Yes

Cooling

Central Air
Yes
Window Unit(s)
Yes

Disclosures

Property Disclosure
Yes

Foundation Details

Crawl Space
Yes

Heating

Electric
Yes
Natural Gas
Yes
Other
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Asphalt
Yes
Driveway
Yes
Parking Lot
Yes

Possession

Subject To Tenant Rights
Yes

Roof

Shingle
Yes

Sewer

Sanitary Sewer
Yes

Water Heater

Electric
Yes

Water Source

Public
Yes

Lease Term Options

Month To Month
Yes

Owner Pays

Electricity
Yes
Insurance
Yes
Snow Removal
Yes
Taxes
Yes
Water
Yes
Other
Yes

Tenant Pays

Electricity
Yes
Sewer
Yes
Water
Yes

Property Features

Appliances: Dryer; Refrigerator; Washer; Water Heater Construction Materials: Wood Siding Cooling: Central Air; Window Unit(s) Disclosures: Property Disclosure Foundation Details: Crawl Space Heating: Electric; Natural Gas; Other Lease Term Options: Month To Month Listing Terms: Cash; Conventional Owner Pays: Electricity; Insurance; Snow Removal; Taxes; Water; Other Parking Features: Asphalt; Driveway; Parking Lot Possession: Subject To Tenant Rights Roof: Shingle Sewer: Sanitary Sewer Tenant Pays: Electricity; Sewer; Water Water Heater: Electric Water Source: Public
Listing Office: RE/MAX Central Group Inc
Last Updated: October - 14 - 2025
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