NOT LISTED FOR SALE

18 Whitethorne Ave Columbus, OH 43223

Central Hilltop Neighborhood
4 Beds
-- Bath
6,840 Sq Ft
6,098 Sq Ft Lot

Last Sold March 10, 2017

Last sale price $115,000 $17 Per Sq Ft

210 Days on Market

Highlights

  • Home Security System
  • Forced Air Heating System
  • 2-minute walk to Hilltop Community Park

About This Home

As of March 2017

This 16% annual return investment REI will bolster your bottom line $2200/mo gross rent. $565/mo average rent neighborhood according to Rentometer.com. 4 2BR 1BA units with basements. NEW Furnaces, NEW Electrical Panels, and New/Upgraded Roof, Hot Water tanks, and plumbing too. Modern paint & ALL APPLIANCES INCLUDED! 2 already recently leased @ $550. Last 2 units could useTLC but 80% rent ready. $550/mo x 4= $2200/mo x 12 = $26,400/year income - $2969 taxes - $2200 10% vacancy estimate - $1200 insurance - $1k maintenance = $19,031/year profit! 15.8%+ Annual Return blows away 401k/mutual funds. Use a self directed IRA to diversify your portfolio with this REI. OWNER FINANCING AVAILABLE with 25% down.

Last Listed By

Justin Hazley

Key Realty Listed on: 01/09/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 6,840 Sq Ft Home
  • Brick Exterior Construction

Parking

  • On-Street Parking
  • Off-Street Parking: 1

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-035509

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $1,200
  • Manager Expense $2,169
  • Professional Management Expense $2,169
  • Operating Expense $7,369
  • Gross Income $26,400
  • Net Operating Income $19,031

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1910
  • Tax Year: 2015
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.14
  • Total Gross Income: 26400.0
  • Co List Office Phone: 614-300-0771
  • MLS Status: Closed
  • Income Expenses Gross Income: 26400.0
  • Annual Expenses: 7369.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 6840.0
  • Miscellaneous Basement2: Yes
  • Air Conditioning None3: Yes
  • Miscellaneous Security System3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Cooling Y N: No
  • Utilities: Water Available, Natural Gas Available, Electricity Available
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-035509
  • Lot Size Sq Ft: 6098.4

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 1200.0
  • Resident Manager Expense: 2169.0
  • Net Operating Income: 19031.0
  • Annual Operating Expense: 7369.0
  • Vacancy Allowance Rate: 2200.0

Tax Info

  • Tax Annual Amount: 2969.0

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
03/10/2017 03/10/17 Sold $115,000 -17.8% $17 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
08/02/2016 08/02/16 For Sale $139,900 -- $20 / 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 2017

    Justin Hazley

    Key Realty

  • Shelley Cottrell

    Buyer's Agent in 2017

    Shelley Cottrell

    Howard Hanna Real Estate Svcs

    (614) 579-4635

    1 in this area

    103 Total Sales

    Shelley Cottrell
    Section Image
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Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216028353

Columbus and Central Ohio Regional MLS

Ohio Franklin County Columbus 43223 Central Hilltop

18 Whitethorne Ave, Columbus, OH

Homes for Sale in Columbus, OH

This home is located at 18 Whitethorne Ave, Columbus, OH 43223 since 09 January 2017. This property was built in 1910. 18 Whitethorne Ave is a home located in Franklin County with nearby schools including Highland Elementary School, Westmoor Middle School, and West 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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