$535,000
UNDER CONTRACT

2363 Hampstead Dr Unit 2363-65-67 Columbus, OH 43229

Northern Woods Neighborhood

Estimated payment $3,386/month

Total Views 822
-- Bed
-- Bath
3,120 Sq Ft
$171 Price per Sq Ft

About This Home

Rare and Fantastic opportunity knocking in North Columbus - A three unit with 2 beds/1.5 baths and -can you believe it?- Each Unit has their own Fenced in Backyard! Wow.This excellent addition to any portfolio brings in a whopping $48,744/year AND boasts about a 5.7% cap rate -FIVE POINT SEVEN- at list price. (Based on monthly rent which is $4,123, Taxes = $4705 annually, Insurance = $2490 annually, Water/Sewer ~ $500 quarterly, and a Property Management Fee of 10%. Vacancy was calculated at 3%, Maintenance was calculated at 3%). Tenants pay for all other utilities. This is a Professionally Managed property that just had some updating and repairs in a desirable area, and a chance to purchase something with minimum maintenance and growing rents for years to come. HIGHEST AND BEST OFFER DUE SUNDAY MAY 25 BY 5:00PM

Listing Agent

Joseph Peffer

Delicious Real Estate Group License #2008002258

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,705

Year Built

  • Built in 1980

Parking

  • 6 Parking Spaces

Home Design

  • 3,120 Sq Ft Home
  • Brick Exterior Construction
  • Stucco

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Washer and Dryer Hookup
  • 0.27 Acre Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-212215

Community Details

Overview

  • 3 Units

Building Details

  • Water Sewer Expense $2,000
  • Operating Expense $14,069
  • Gross Income $48,744
  • Net Operating Income $34,675

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,705

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1980
  • Tax Year: 2024
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.27
  • Total Gross Income: 48744.0
  • Co List Office Phone: 614-358-5515
  • MLS Status: Contingent
  • Subdivision Name: Woodgate Village
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 48744.0
  • Annual Expenses: 14069.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 3120.0
  • Miscellaneous Basement2: Yes
  • General Property Info # of Buildings: 1.0
  • Miscellaneous WD Hookups: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Water4: Yes
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Stucco2: Yes
  • Construction:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 2000.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-212215
  • Lot Size Sq Ft: 11761.2

Rental Info

  • Owner Pays: Sewer, Water

Multi Family

  • Number Of Units Total: 3
  • Net Operating Income: 34675.0
  • Annual Operating Expense: 14069.0

Tax Info

  • Tax Annual Amount: 4705.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,028 $102,660 $14,700 $87,960
2023 $4,646 $102,660 $14,700 $87,960
2022 $3,480 $65,490 $9,450 $56,040
2021 $3,487 $65,490 $9,450 $56,040
2020 $3,492 $65,490 $9,450 $56,040
2019 $3,393 $54,570 $7,880 $46,690
2018 $3,269 $54,570 $7,880 $46,690
2017 $3,393 $54,570 $7,880 $46,690
2016 $3,460 $50,930 $8,750 $42,180
2015 $3,150 $50,930 $8,750 $42,180
2014 $3,158 $50,930 $8,750 $42,180
2013 $1,832 $59,920 $10,290 $49,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $535,000 -- $171 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $450,000 Landsel Title Agency
Warranty Deed $169,000 Chicago Title West
Warranty Deed $150,900 Connor Title Co
Deed -- --
Deed $92,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $148,000 Unknown
Previous Owner $152,100 Unknown
Previous Owner $120,720 No Value Available
Closed $30,180 No Value Available
Source: Public Records

Source: Columbus and Central Ohio Regional MLS

MLS Number: 225017902

Columbus and Central Ohio Regional MLS

APN: 010-212215