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Shaun & Megan Richardson

shaun.richardson@exprealty.com +1(419) 302-9343

Listed by Douglas Fenbert ERA Geyer-Noakes Realty Group

$ 469,000

Est. payment | -/mo

8 Beds

3,840 SqFt

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$ 469,000

Est. payment | -/mo

Save Virtual Tour

8 Beds

3,840 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $122

MLS Listing ID 10009390

Bedrooms 8

Year Built 1868

Tax Year 2025

Lot Size 0.454 Acres

Lot Dimensions 0.45

Property Sub-Type Quadruplex

Source Northwest Ohio Real Estate Information Service (NORIS)

Property Description

Investors - do not overlook this opportunity. Currently this property has four units on the second floor (all completely renovated within the past four years (one per year - 2022 - 2025). All units are currently occupied - so four sources of income. The first floor is open for new owners to do as they would like. More apartments? A small business? It used to be used as a Dance Center. Lots of options for additional income(s). A little history on the unit. Built in 1868, it was originally the West End School until the 1950's. It was then sold the the Knight of Columbus and used as a meeting hall / event center. It was sold in the 1980's and converted to 4 apartments upstairs and dance center downstairs. New owners acquired in in 2021 and went through a major update. Updates include: Totally renovated all four apartments, a new asphalt roof, concrete sidewalks with stamped edging at the entrance, paved the parking lot, added new landscaping, added a new front double door entrance, repainted the entrance, foyer, hall ways on both first and second floors as well as performed extensive clean up of the exterior of the building. All of the hard work is complete. This opportunity is waiting for you to determine how you want to utilize the first floor of this spacious building (almost another 3,800 square feet, along with a small walk out storage area off of the 1st level.

Location

State OH

County Putnam

Area 0.45

Zoning Commercial

Direction Downtown Ottawa, head West to the stop light (SR65 and SR224). Turn right (North on to SR65), about 400 feet, 3rd street is on your right, turn right. Building will be on your left

Rooms

Dining Room No

Kitchen No

Interior

Interior Features Entrance Foyer, Storage, Wide Interior Halls and Doors

Heating Baseboard

Cooling Ceiling Fan(s), Central Air, Electric, Multi Units, Whole House Fan

Flooring Ceramic Tile, Concrete, Hardwood

Equipment No

Appliance Dryer

Laundry Accessible Utilities or Laundry, Common Area, Electric Dryer Hookup, Upper Level, Washer Hookup

Exterior

Exterior Feature Courtyard, Lighting, Private Yard

Parking Features Asphalt, Off Street, Paved, Additional Parking, Alley Access

Community Features Sidewalks

Utilities Available Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

View Downtown

Roof Type Asphalt,Shingle

Garage No

Building

Lot Description Corner Lot, Landscaped, Level

Story 2

Foundation Combination, Crawl Space, Slab

Sewer Public Sewer

Schools

Elementary Schools Ottawa

Middle Schools None

High Schools Ottawa - Glandorf

School District Ottawa - Glandorf

Others

Tax ID 32-005090.0000

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/toledo/10009390

Nearby Locations

GET MORE INFORMATION

Shaun & Megan Richardson

REALTOR® | Lic# 2016001186 | Lic# 2024004146

shaun.richardson@exprealty.com

+1(419) 302-9343

545 Metro Pl S, Dublin, OH, 43017

214 E W 3rd St At N Walnut ST Ottawa, OH 45875

Shaun & Megan Richardson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

214 E W 3rd St At N Walnut ST