NOT LISTED FOR SALE
-- Bed
-- Bath
2,843 Sq Ft
5,227 Sq Ft Lot

Last Sold October 26, 2022

Last sale price $295,000 $104 Per Sq Ft

2 Days on Market

About This Home

As of October 2022

The original home at 2538 Audubon had an addition built connecting the garage and is a perfect for owner occupant. It has a basement, garage, two bedrooms, and a fenced yard. Continuing the addition from the garage are 3 single bedroom units 2540, 42, and 44 that are all in excellent condition with long term tenants including central air. There is a parking area in front of these units that can fit 4 -5 cars. In back of the ''owners'' unit there is a garage and driveway with space for 2-3 cars.

Rents are currently 810 (2538), 590, 595 and 625 totaling 2620 per month. These rents are low given the long-term tenants. The single bed apartments could easily be north of 700 per month.

Landlord pays water. Tenants pay gas & electric.

Last Listed By

Michael Davis

Key Realty Listed on: 07/21/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,037

Year Built

  • Built in 1949

Lot Details

  • 5,227

Home Design

  • 2,843 Sq Ft Home

Parking

  • 7 Car Attached Garage
  • Shared Driveway
  • Off-Street Parking: 1

Additional Features

  • 5,227 Sq Ft Lot
  • Forced Air Heating and Cooling System
  • Basement

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 010-072604

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $527
  • Water Sewer Expense $3,690
  • Operating Expense $7,943
  • Gross Income $31,440
  • Net Operating Income $23,497

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,037

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1949
  • Tax Year: 2021
  • Property Sub-Type: Apartment
  • Lot Size Acres: 0.12
  • Total Gross Income: 31440.0
  • Co List Office Phone: 614-300-0771
  • MLS Status: Closed
  • Income Expenses Gross Income: 31440.0
  • Annual Expenses: 7943.0
  • General Property Info Building Sq Ft: 2843.0
  • Miscellaneous Basement2: Yes
  • Owner Pays Sewer3: Yes
  • Owner Pays Trash2: Yes
  • Owner Pays Water4: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 3690.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-072604
  • Lot Size Sq Ft: 5227.2
  • Additional Parcels Description: 010-072607-00

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 527.0
  • Net Operating Income: 23497.0
  • Annual Operating Expense: 7943.0

Tax Info

  • Tax Annual Amount: 3037.0

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
10/26/2022 10/26/22 Sold $295,000 0.0% $104 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $295,000 +150.0% $104 / Sq Ft
09/17/2019 09/17/19 Sold $118,000 +24.2% $42 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $95,000 -- $33 / 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: 222027230

Columbus and Central Ohio Regional MLS