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Key Details
Sold Price $854,954
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Subdivision Brunswick Hills 01
MLS Listing ID 4201509
Sold Date 12/17/20
HOA Y/N No
Annual Tax Amount $10,947
Lot Size 7.350 Acres
Acres 7.35
Property Description
Major redevelopment is in progress for the adjacent properties !!! Steps away from a new preschool and church. Lots of choices with this property - could develop now or wait for area to develop further ! The property includes 5 homes which have all been remodeled and are in good condition along with the 7.35 acres !!! The homes are all occupied with with established renters . You could purchase continue to collect rents ! The homes bring in approx sixty thousand a year in rents. Currently the homes are in Brunswick Hills but adjacent property is being annexed into Brunswick City so you have choices if you want to remain or annex into City as well ? Brunswick City has tax abatement on Pearl so possible tax abatement ! Many choices for this property - would be a great location for nursing home or assisted living complex ! You could keep a couple homes and develop the rest ? Brunswick City is in favor of redevelopment and we would set up a meeting with the economic director if you wished
Location
State OH
County Medina
Interior
Fireplace No
Exterior
Garage Paved, Unpaved
Fence Other
Water Access Desc Public,Private
Parking Type Paved, Unpaved
Building
Sewer Public Sewer
Water Public, Private
Schools
School District Brunswick Csd - 5202
Others
Tax ID 001-02A-25-010
Financing Cash
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Bought with Roger L Nair • Keller Williams Elevate