109 Rainbow Street Spencer, OH ^$ 269,000

109 Rainbow Street

^$ 269,000

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109 Rainbow Street

Spencer, OH, 44275

^$ 269,000

Bedrooms4 Baths4.0 Sq 2,440

Monthly Estimate*

^$ 1,879

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Multi-Family Home for sale in Spencer, OH

for $269,000 with 4 bedrooms and 4 full baths. This 2,440 square foot home was built in 2001 on a lot size of 0.37.

Discover the perfect investment opportunity in Spencer, Ohio. Offering two units, each with 2 bedrooms, 2 full bathrooms, and radiant heat flooring. One unit features a two-car garage, while the other offers a one-car garage, ensuring ample parking and storage space. Nestled on a quiet street, just minutes away from downtown Spencer. Don't miss this investment opportunity! Schedule your showing today!

Multi-Family Active

Price

^$ 269,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,189

Style

Lot Size

0.37

Year Built

2001

Town/City

Spencer

County/Region

Medina

MLS | Web ID

5033247

Features

General

Sewer PublicSewer

Heating HotWater Steam

Cooling CentralAir

Possession DeliveryOfDeed

Roof Shingle

Appliances Microwave Range Refrigerator

Garage Spaces 3.0

Construction Materials VinylSiding

Year Built 2001

Tenant Pays AllUtilities

View Neighborhood

Stories 1

Township Seville Village

Levels One

Property SubType Duplex

Tax Year 2023

Gross Income 1650.0

County Medina

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name F & B

Garage Y/N Y

Status Active

Directions S Main to Rainbow Street. Several houses down on the left.

City Spencer

Disclosures PrincipalisRealEstateLicensed

View Y/N N

Senior Community Y/N N

High School District Black River LSD - 5201

Waterfront Y/N N

Carport Y/N N

Street Name Rainbow

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 4189.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 6

Standard Status Active

Middle/Junior School District Black River LSD - 5201

Elementary School District Black River LSD - 5201

Year Built Source Other

Property Sub Type Additional Duplex

Legal Description LOT 5A WH F & B SUB .372A

Interior

Basement None

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 2440.0

Full Baths 4

Half Baths 0

Street Suffix Street

Laundry Features InUnit

Total Bedrooms 4

Electric On Property Y/N N

Main Level Bathrooms 0

Above Grade Finished Area Source Assessor

Total Baths 4

Living Area Units SquareFeet

Exterior

Parking Features GarageFacesFront Garage GarageDoorOpener

Water Source Public

Lot Size Area 0.37

Number of Buildings 1

Spa N

Lot Size Acres 0.37

Lot Size Units Acres

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 109

* Excluded Features

List By

Rick Stallard

Listing Agent

M. C. Real Estate

Broker

rick9666@aol.com

Affordability Calculator

$2,228

Per Month

Monthly Principal & Interest: $1,879
Monthly Property Taxes: $349
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Spencer, OH

Average List Price ^$269,000

Percent of Sale Price 0%

About Spencer, OH

664 Population

11% Since 2002

^$58,419 Median Income

40.41 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4458766 Elementary School

4458952 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
4/26/2024	$269,000		Listed Price

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109 Rainbow Street, Spencer, OH, 44275 is a Multi-Family Home for sale at $269,000 with 2,440 sqft and a lot size of 0.37. 109 Rainbow Street has 4 bedrooms, 4.0 baths, and was built in 2001. The property's zip code is 44275 which is in Spencer, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the YES MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the YES MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/17/2024.

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109 Rainbow Street

Multi-Family Home for sale in Spencer, OH

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