NOT LISTED FOR SALE
5 Beds
-- Bath
5,994 Sq Ft
0.57 Acres

Last Sold May 01, 2023

Last sale price $575,000 $96 Per Sq Ft

13 Days on Market

About This Home

As of May 2023

Recently renovated 5 unit multi-family. All units are 2 story townhouse style with 2 BR &1 Bath. Each is 800 SF with clean, modern interiors. Located in Clinton Township and Columbus Schools. Being offered at a 7% cap rate, very competitive for renovated units. Rent increase upside. Tenants pay all utilities and water is billed on a flat monthly rate of $50.

Last Listed By

Bill Davis

Aspire Realty Services License #2005016766 Listed on: 02/20/2023

Aspire Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,482

Year Built

  • Built in 1972

Lot Details

  • 0.57

Home Design

  • 5,994 Sq Ft Home
  • Brick Exterior Construction
  • Frame Construction

Additional Features

  • 0.57 Acre Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 130-003250

Community Details

Overview

  • 5 Units

Building Details

  • Insurance Expense $2,400
  • Maintenance Expense $1,591
  • Manager Expense $3,239
  • Professional Management Expense $3,239
  • Supplies Expense $678
  • Water Sewer Expense $4,196
  • Operating Expense $20,052
  • Gross Income $61,729
  • Net Operating Income $41,667

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,482

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1972
  • Tax Year: 2021
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.57
  • Total Gross Income: 61729.0
  • Supplies Expense: 678.0
  • Co List Office Phone: 614-341-9800
  • MLS Status: Closed
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 61729.0
  • Annual Expenses: 20052.0
  • General Property Info Building Sq Ft: 5994.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Frame: Yes
  • Construction:Brick2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes

Fee Information

  • Annual Water Sewer Expense: 4196.0

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 130-003250
  • Lot Size Sq Ft: 24829.2

Multi Family

  • Number Of Units Total: 5
  • Insurance Expense: 2400.0
  • Maintenance Expense: 1591.0
  • Resident Manager Expense: 3239.0
  • Net Operating Income: 41667.0
  • Annual Operating Expense: 20052.0

Tax Info

  • Tax Annual Amount: 6482.0

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
05/01/2023 05/01/23 Sold $575,000 -4.0% $96 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $599,000 -- $100 / 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: 223004346

Columbus and Central Ohio Regional MLS