133 N West Street, Norwalk, OH 44857 (MLS# 220036321)

133 N West Street, Norwalk, OH 44857

$1,190,000

Property Type: Multi-Family Lot Size (sq. ft.): 34,848 Status: Closed

Current Price: $1,190,000 List Date: 10/15/2020 Last Modified: 2/10/2025

Overview

Description

We are pleased to offer the 22 unit Wesley Manor Apartments For Sale at $1,190,000. Located on a quiet street at 133 N. West Street, Norwalk, Ohio, Wesley Manor is 100% occupied with very little turnover. The attractive Brick and Vinyl apartment complex offers ideal garden style floor plans with 11 2 bedrooms and 11 1 bedrooms. Built in 1975, numerous upgrades have been completed to keep the property looking beautiful including siding and windows. The property is walking distance to Norwalk Town Center and is located on a large green space in a park-like setting. Other features include an on-site laundry facility, balconies, patios, and ample parking. The Wesley Manor Apartments offer a rare opportunity for a turn key asset in an ever-increasingly strong rental market.

Listing Details MLS# 220036321

Location Property Info

Original List Price: 1190000
Property Sub Type: Midrise
Street #: 133
Street PreDirection: N
Street Name: West
Street Suffix: Street
County: Huron
State: OH
Zip Code: 44857
School District: NORWALK CSD 3904 HUR CO.
Township: Huron

OfficeContract Info

MLS Entry Date: 2020-10-14

General Property Info

Number of Units: 22
Building Sqft: 4992
Year Built: 1975
Built Prior to 1978: Yes
Acreage: 0.8

Tax Info

Parcel #: 33-0170-01-007-0000
Tax Year: 2019
Tax Abatement: No
Taxes (Yrly): 9857

Status Change Info

Under Contract Date: 2020-11-25
Sold Date: 2020-12-30
Sold Price/SqFt: 238.38

Auction Info

Auction/Online Bidding Y/N: No

More Information

Location & Property Info

List Price/SqFt: 238.38
City (Mailing Addr): Norwalk
Corp LimitPerAuditor: Huron

Office/Contract Info

For Sale: No
Exchange: No

Remarks & Misc

Property Description: We are pleased to offer the 22 unit Wesley Manor Apartments For Sale at $1,190,000. Located on a quiet street at 133 N. West Street, Norwalk, Ohio, Wesley Manor is 100% occupied with very little turnover. The attractive Brick and Vinyl apartment complex offers ideal garden style floor plans with 11 2 bedrooms and 11 1 bedrooms. Built in 1975, numerous upgrades have been completed to keep the property looking beautiful including siding and windows. The property is walking distance to Norwalk Town Center and is located on a large green space in a park-like setting. Other features include an on-site laundry facility, balconies, patios, and ample parking. The Wesley Manor Apartments offer a rare opportunity for a turn key asset in an ever-increasingly strong rental market.

Income/Expenses

Gross Income: 122569.82
Net Operating Income: 86470.37
Total Expenses: 36099.45

Addl Acceptance Cond

None Known: Yes

MLS Primary PhotoSrc

Realtor Provided: Yes

Property Features

Addl Acceptance Cond: None Known MLS Primary PhotoSrc: Realtor Provided

Listing Office: SVN Wilson Commercial

Listing Agent: Kristen H Asman

Last Updated: February - 10 - 2025

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