$305,000
SOLD JUL 15, 2016

3294 E 5th Ave Columbus, OH 43219

-- Bed
-- Bath
4,724 Sq Ft
0.69 Acres

Recently Sold

$65 Per Sq Ft

16% Below List Price

5 Days on Market

About This Home

As of July 2020

Cardinal Landings is settled on 0.69 acres that has three four unit buildings that consists of 12 three bedroom one bath townhouses. Each apartment has central air conditioning and heat, a private patio and many have new carpet in the living room and bedrooms. Current occupancy is 91.6% and many resident's have a Section 8 voucher. Call to learn more about this great investment opportunity that is less than 1 mile from the new Africentric school that is under construction. Seller has two other properties listed for sale and will sell all 18 units as a package or individually. 1729-31 Elaine Rd is a double that has combined rents totaling $1,295 per month and 3600 Cushing Dr is a four unit brick building with strong cash flow. The listing agent has ownership interest in all properties

Last Agent to Sell the Property

Tyler Ford

Keller Williams Capital Ptnrs

Last Buyer's Agent

Brian Breeckner

Realty Executives Decision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Home Design

  • 4,724 Sq Ft Home

Parking

  • 28 Parking Spaces
  • Common or Shared Parking
  • On-Street Parking

Utilities

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

Additional Features

  • Washer and Dryer Hookup
  • 0.69 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 010-070201

Community Details

Overview

  • 3 Buildings
  • 12 Units

Building Details

  • Operating Expense $50,098
  • Gross Income $72,161
  • Net Operating Income $22,063

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1969
  • Tax Year: 2015
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.69
  • Total Gross Income: 72161.0
  • Co List Office Phone: 614-888-1000
  • MLS Status: Closed
  • Income Expenses Gross Income: 72161.0
  • Annual Expenses: 50098.0
  • Heat Fuel Gas4: Yes
  • General Property Info Building Sq Ft: 4724.0
  • General Property Info # of Buildings: 3.0
  • Miscellaneous WD Hookups: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 28.0

Utilities

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

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-070201
  • Lot Size Sq Ft: 30056.4

Multi Family

  • Number Of Units Total: 12
  • Net Operating Income: 22063.0
  • Annual Operating Expense: 50098.0

Tax Info

  • Tax Annual Amount: 8484.0

Map

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
07/13/2020 07/13/20 Sold $775,000 -3.0% $82 / Sq Ft
03/18/2020 03/18/20 Price Changed $799,000 -10.2% $85 / Sq Ft
03/18/2020 03/18/20 For Sale $890,000 0.0% $94 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
12/10/2019 12/10/19 For Sale $890,000 0.0% $94 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $890,000 0.0% $94 / Sq Ft
09/17/2019 09/17/19 Price Changed $890,000 -10.1% $94 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
07/27/2019 07/27/19 For Sale $990,000 +224.6% $105 / Sq Ft
07/15/2016 07/15/16 Sold $305,000 -16.4% $65 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $365,000 -- $77 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Source: Columbus and Central Ohio Regional MLS

MLS Number: 216015938

Columbus and Central Ohio Regional MLS