NOT LISTED FOR SALE
4 Beds
-- Bath
3,900 Sq Ft
6,970 Sq Ft Lot

Last Sold June 03, 2022

Last sale price $515,000 $132 Per Sq Ft

238 Days on Market

About This Home

As of June 2022

Welcome to 1033 Folkestone Road! Fantastic investment opportunity! All brick quadplex with potential for higher rents and higher profits. Previous owner retains right to live in unit A free of rent until death. Owner pays insurance, water, lawn and snow care and common area gas/electric. Tons of updates include complete remodel of 1 unit, 2 new A/C units, new roof (including plywood,) new Anderson windows, new exterior doors, new parking lot/sidewalks/curbs, updated common areas and landscaping. Fresh paint, new washer and dryer sets (4) to convey, new perimeter fencing and so much more. Call today to look at this hit-the-ground running investment!

Last Listed By

Debbie Lane

Berkshire Hathaway HS Pro Rlty Listed on: 05/25/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,733

Year Built

  • Built in 1966

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • 3,900 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-028874-00

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $240
  • Fuel Expense $300
  • Insurance Expense $1,644
  • Water Sewer Expense $1,479
  • Operating Expense $9,508
  • Gross Income $28,800
  • Net Operating Income $19,292

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,733

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1966
  • Tax Year: 2022
  • Lot Size Acres: 0.16
  • Total Gross Income: 28800.0
  • Co List Office Phone: 614-499-5406
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 28800.0
  • Annual Expenses: 9508.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3900.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump: Yes

Fee Information

  • Annual Fuel Expense: 300.0
  • Annual Water Sewer Expense: 1479.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-028874-00
  • Lot Size Sq Ft: 6969.6

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 240.0
  • Insurance Expense: 1644.0
  • Net Operating Income: 19292.0
  • Annual Operating Expense: 9508.0

Tax Info

  • Tax Annual Amount: 5733.0

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $515,000 +4.0% $132 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $495,000 -3.9% $127 / Sq Ft
10/13/2021 10/13/21 Off Market $515,000 -- --
09/30/2021 09/30/21 For Sale $495,000 -- $127 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 221039023

Columbus and Central Ohio Regional MLS

APN: 010-028874