NOT LISTED FOR SALE

1072 Forest St Columbus, OH 43206

Southern Orchards Neighborhood
8 Beds
-- Bath
9,072 Sq Ft
0.26 Acres

Last Sold September 09, 2016

Last sale price $185,000 $20 Per Sq Ft

23 Days on Market

Highlights

  • 0.26 Acre Lot
  • Forced Air Heating System
  • Garage
  • Window Unit Cooling System

About This Home

As of September 2016

South side Columbus 8-family!

Well maintained brick 8-family on the south side of Columbus. Units rented for $430 per month. Four-car garage rented for $325 per month. Seven of eight furnaces have been replaced; 3 of eight A/C. Tenants pay utilities; separated gas & electric.

10.63% capitalization rate.

South side of Columbus, Ohio. East of German Village.

Last Listed By

Michael Hessenauer

The Hessenauer Corporation License #316329 Listed on: 06/07/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.26 Acre Lot

Parking

  • Garage

Home Design

  • 9,072 Sq Ft Home
  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 010-047364

Community Details

Overview

  • 8 Units
  • Mid-Rise Condominium

Building Details

  • Insurance Expense $3,837
  • Maintenance Expense $6,154
  • Manager Expense $3,428
  • Professional Management Expense $3,428
  • Water Sewer Expense $3,474
  • Operating Expense $22,125
  • Gross Income $45,108
  • Net Operating Income $20,727

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1963
  • Tax Year: 2015
  • Property Sub-Type: Midrise
  • Lot Size Acres: 0.26
  • Total Gross Income: 45108.0
  • Co List Office Phone: 614-764-2211
  • MLS Status: Closed
  • Income Expenses Gross Income: 45108.0
  • Annual Expenses: 22125.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 9072.0
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 3474.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-047364
  • Lot Size Sq Ft: 11325.6
  • Additional Parcels: No

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Monthly Rent (Other): 300.0
  • Number Of Units Total: 8
  • Insurance Expense: 3837.0
  • Maintenance Expense: 6154.0
  • Resident Manager Expense: 3428.0
  • Net Operating Income: 20727.0
  • Annual Operating Expense: 22125.0
  • Vacancy Allowance Rate: 2255.0

Tax Info

  • Tax Annual Amount: 5232.0

Range of Values:

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Average Value
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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
09/09/2016 09/09/16 Sold $185,000 -5.1% $20 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $194,900 -- $21 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Hessenauer

    Seller's Agent in 2016

    Michael Hessenauer

    The Hessenauer Corporation

    (614) 764-2211

    8 Total Sales

    Michael Hessenauer
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216020113

Columbus and Central Ohio Regional MLS

Ohio Franklin County Columbus 43206 Southern Orchards

1072 Forest St, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 1072 Forest St, Columbus, OH 43206 since 07 June 2016. This property was built in 1963. 1072 Forest St is a home located in Franklin County with nearby schools including Livingston Elementary School, South High School, and Capital Collegiate Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Columbus and Central Ohio Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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