NOT LISTED FOR SALE
4 Beds
-- Bath
3,915 Sq Ft
10,454 Sq Ft Lot

Last Sold May 04, 2022

Last sale price $325,001 $83 Per Sq Ft

6 Days on Market

About This Home

As of May 2022

Great Investment Opportunity! Brick 4-Unit w/ $32,700 Rent Roll and Low Expenses, 100% Occupied by Long-Term, M-T-M Tenants with Opportunity for Increased Rents. Units are 1 bed/ 1 ba with Separate Front and Rear Entry, Well Maintained and Professionally Managed. Full Basement is Dry with Straight Walls and has 4-Storage Rooms & Laundry. 3-Newer Water Heaters. This will be a Welcomed Addition to Your Investment Portfolio and With a Current CAP rate of over 9%, it is sure to move quickly. There is room to build a 4 car garage behind this property w/ separate access road. Curb Offers Only, Please Do Not Distrub Tenants. Multiple offers received see Agent to agent remarks

Last Listed By

Elisa Lowe

EXP Realty, LLC License #2017003008 Listed on: 04/08/2022

EXP Realty, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,112

Year Built

  • Built in 1950

Lot Details

  • 10,454

Home Design

  • 3,915 Sq Ft Home
  • Brick Exterior Construction

Parking

  • Common or Shared Parking
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Private Sewer

Additional Features

  • Washer and Dryer Hookup
  • 10,454 Sq Ft Lot
  • Basement

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 010-019272

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,300
  • Water Sewer Expense $2,449
  • Operating Expense $7,811
  • Gross Income $32,700
  • Net Operating Income $27,338

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,112

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1950
  • Tax Year: 2021
  • Property Sub-Type: Apartment
  • Lot Size Acres: 0.24
  • Total Gross Income: 32700.0
  • Co List Office Mls Id: 10773
  • Co List Office Phone: 866-212-4991
  • Co List Office Phone: 866-212-4991
  • MLS Status: Closed
  • Sewer Private Sewer: Yes
  • Income Expenses Gross Income: 32700.0
  • Annual Expenses: 7811.0
  • General Property Info Building Sq Ft: 3915.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: Common

Utilities

  • Sewer: Private Sewer
  • Heating: Forced Air
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 2449.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-019272
  • Lot Size Sq Ft: 10454.4
  • Zoning Description: R4

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1300.0
  • Net Operating Income: 27338.0
  • Annual Operating Expense: 7811.0

Tax Info

  • Tax Annual Amount: 4112.0

Range of Values:

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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
05/04/2022 05/04/22 Sold $325,001 +18.2% $83 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $275,000 +25.0% $70 / Sq Ft
04/23/2021 04/23/21 Sold $220,000 -4.3% $56 / Sq Ft
03/19/2021 03/19/21 For Sale $229,900 +47.4% $59 / Sq Ft
06/14/2019 06/14/19 Sold $156,000 -2.2% $40 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $159,500 0.0% $41 / Sq Ft
05/08/2019 05/08/19 Price Changed $159,500 -5.9% $41 / Sq Ft
05/01/2019 05/01/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $169,500 0.0% $43 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $169,500 +149.3% $43 / Sq Ft
04/01/2015 04/01/15 Sold $68,000 -10.4% $17 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
01/18/2015 01/18/15 For Sale $75,900 +11.6% $19 / Sq Ft
10/31/2013 10/31/13 Sold $68,000 -2.9% $26 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
08/14/2013 08/14/13 For Sale $70,000 -- $27 / 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: 222010835

Columbus and Central Ohio Regional MLS