NOT LISTED FOR SALE

2241 Hamilton Ave Columbus, OH 43211

South Linden Neighborhood
4 Beds
-- Bath
2,080 Sq Ft
9,148 Sq Ft Lot

Last Sold December 01, 2016

Last sale price $74,000 $36 Per Sq Ft

80 Days on Market

About This Home

As of December 2016

Over 19% Cap Rate! (4) Four 1br 1ba units in Linden. Units rent for over $400 / month each. This is a phenomenal cash flowing property that has been recently updated and is now performing nicely. All units are currently rented. Ask about property management. Landlords can just take over a cash flowing property or owner occupant can live for free while renting other units. Nice lot and location with off street parking. Curb offers only. Do not disturb tenants! Agent is Owner.

Last Agent to Sell the Property

Gregory Zytkowski

Mohler Realty Group, LLC Listed on: 07/12/2016

Last Buyer's Agent

Tristam Griffith

RE/MAX Premier Choice License #2005017347

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • 2,080 Sq Ft Home
  • Stucco

Utilities

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

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 010-074868

Community Details

Overview

  • 4 Units
  • Mid-Rise Condominium

Building Details

  • Operating Expense $600
  • Gross Income $19,200
  • Net Operating Income $17,369

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1962
  • Tax Year: 2015
  • Property Sub-Type: Midrise
  • Lot Size Acres: 0.21
  • Total Gross Income: 19200.0
  • Co List Office Phone: 614-440-2656
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 41.3
  • Remarks Misc Hot Sheet Comments: price
  • Income Expenses Gross Income: 19200.0
  • Annual Expenses: 600.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 2080.0
  • Air Conditioning None3: Yes
  • Heat Fuel Electric4: Yes
  • Owner Pays Water4: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Stucco2: Yes

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-074868
  • Lot Size Sq Ft: 9147.6
  • Zoning Description: C - 401

Rental Info

  • Owner Pays: Water

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 17369.44
  • Annual Operating Expense: 600.0

Tax Info

  • Tax Annual Amount: 2245.0
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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 List to Sale Price per Sq Ft
12/01/2016 12/01/16 Sold $74,000 -25.9% $36 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $99,900 -- $48 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,395 $18,800 $7,950 $10,850
2023 $1,373 $18,795 $7,945 $10,850
2022 $3,393 $29,830 $4,590 $25,240
2021 $2,312 $29,830 $4,590 $25,240
2020 $2,231 $29,830 $4,590 $25,240
2019 $2,134 $25,910 $3,960 $21,950
2018 $1,295 $25,910 $3,960 $21,950
2017 $2,132 $25,910 $3,960 $21,950
2016 $1,325 $15,230 $3,960 $11,270
2015 $1,353 $26,260 $3,960 $22,300
2014 $2,121 $26,260 $3,960 $22,300
2013 $1,051 $26,250 $3,955 $22,295
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gregory Zytkowski

    Mohler Realty Group, LLC

  • T

    Buyer's Agent in 2016

    Tristam Griffith

    RE/MAX

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216025183

Columbus and Central Ohio Regional MLS
Ohio Franklin County Columbus 43211 South Linden

2241 Hamilton Ave, Columbus, OH

Not Listed for Sale

MultiFamily

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