NOT LISTED FOR SALE

1623 Franklin Park S Columbus, OH 43205

Franklin Park Neighborhood
3 Beds
-- Bath
2,621 Sq Ft
6,098 Sq Ft Lot

Last Sold September 24, 2018

Last sale price $279,000 $106 Per Sq Ft

55 Days on Market

About This Home

As of September 2018

**Back on the Market Group showings Saturday and Sunday from 1:00pm-3:00pm.**

CASH COW!!! SPECTACULAR , 5-unit multifamily on FRANKLIN PARK! This one of a kind building is 100% occupied with month to month leases. Huge upside with with a little Rehab. Located right behind the new Trolly Barn Development. CASHFLOW W/ UPSIDE!!!! Spacious double lot and LOTS OF PARKING! Units are well below market rent. Please, do not disturb tenants.

Showings Times:
Saturday 7/28: 1:00pm-3:00pm,
Sunday 7/29: 1:00pm-3:00pm. Cash or Commercial Loans only. Won't qualify for a residential lending product.

Last Agent to Sell the Property

Joseph Huber

KW Classic Properties Realty Listed on: 07/25/2018

Last Buyer's Agent

Carson Thrush

KW Classic Properties Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,311

Year Built

  • Built in 1904

Lot Details

  • 6,098

Home Design

  • 2,621 Sq Ft Home

Parking

  • 6 Car Garage
  • Off-Street Parking: 1

Additional Features

  • 6,098 Sq Ft Lot
  • Gas Available

Listing and Financial Details

  • The owner pays for electricity, gas, sewer
  • Assessor Parcel Number 010-005671

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $3,331
  • Gross Income $28,308
  • Net Operating Income $24,977

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,311

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1904
  • Tax Year: 2017
  • Property Sub-Type: Apartment
  • Lot Size Acres: 0.14
  • Total Gross Income: 28308.0
  • Co List Office Phone: 614-451-8500
  • MLS Status: Closed
  • Subdivision Name: Franklin Park
  • Income Expenses Gross Income: 28308.0
  • Annual Expenses: 3331.0
  • General Property Info Building Sq Ft: 2621.0
  • General Property Info # of Buildings: 1.0
  • Owner Pays Electric5: Yes
  • Owner Pays Gas6: Yes
  • Owner Pays Sewer3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 6.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-005671
  • Lot Size Sq Ft: 6098.4

Rental Info

  • Owner Pays: Electricity, Gas, Sewer

Multi Family

  • Number Of Units Total: 5
  • Net Operating Income: 24977.0
  • Annual Operating Expense: 3331.0

Tax Info

  • Tax Annual Amount: 3311.0

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
09/24/2018 09/24/18 Sold $279,000 +7.3% $106 / Sq Ft
08/25/2018 08/25/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $259,900 -- $99 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joseph Huber

    KW Classic Properties Realty

  • C

    Buyer's Agent in 2018

    Carson Thrush

    KW Classic Properties Realty

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 218020085

Columbus and Central Ohio Regional MLS

Ohio Franklin County Columbus 43203 Franklin Park

1623 Franklin Park S, Columbus, OH

This home is located at 1623 Franklin Park S, Columbus, OH 43205 since 25 July 2018. This property was built in 1904. 1623 Franklin Park S is a home located in Franklin County with nearby schools including Ohio Avenue Elementary School, Champion Middle School, and East High School.

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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