NOT LISTED FOR SALE

480 S James Rd Columbus, OH 43213

Eastmoor Neighborhood
12 Beds
-- Bath
10,092 Sq Ft
0.43 Acres

Last Sold June 26, 2023

Last sale price $925,000 $92 Per Sq Ft

119 Days on Market

Highlights

  • 0.43 Acre Lot
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of June 2023

THREE Large FOUR FAMILY TOWNHOME BUILDINGS (Twelve Total Apartments) Each apartment with 2 Bedrooms and 1 bath on upper floor. Living Room, Dining Area and Kitchen on First Floor. Full Basement. Separate utilities. High rental demand. High visibility along James Road adjacent to affluent Eastmoor and Bexley areas. Long term tenants (average 10 years) Current rents very very low average $515 per apartment pus water charges. All month to month. No Owner Financing. Slate roofs. Tired outdated interiors and exteriors need extensive cosmetic improvements.

Please do not disturb residents. Seller will only consider contingent curb offerings

Last Agent to Sell the Property

Thomas Fortin

Thomas Fortin & Company LLC. License #2007003846 Listed on: 01/17/2023

Last Buyer's Agent

William Haupt

RE/MAX Partners License #2021000567

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,660

Year Built

  • Built in 1949

Lot Details

  • 0.43 Acre Lot
  • Additional Parcels

Parking

  • Shared Driveway

Home Design

  • 10,092 Sq Ft Home
  • Brick Exterior Construction

Laundry

  • Washer and Dryer Hookup

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 010-093142

Community Details

Overview

  • 12 Units

Building Details

  • Operating Expense $37,317
  • Gross Income $74,160
  • Net Operating Income $36,843

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,660

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Year Built: 1949
  • Tax Year: 2021
  • Property Sub-Type: Townhouse
  • Lot Size Acres: 0.43
  • Total Gross Income: 74160.0
  • Co List Office Phone: 614-348-7876
  • MLS Status: Closed
  • Location Property Info List PriceSqFt: 95.62
  • Remarks Misc Hot Sheet Comments: price
  • Sewer:Public Sewer: Yes
  • Income Expenses Gross Income: 74160.0
  • Annual Expenses: 37317.0
  • Heat Fuel Gas4: Yes
  • Services Available Storm Sewer: Yes
  • General Property Info Building Sq Ft: 10092.0
  • Miscellaneous Basement2: Yes
  • Miscellaneous WD Hookups: Yes
  • Services Available Electricity Available: Yes
  • Services Available Natural Gas Available: Yes
  • Services Available Water Available: Yes
  • Services Available Sewer Available: Yes
  • Air Conditioning Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features Shared Driveway2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Storm Sewer
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: COLUMBUS CSD 2503 FRA CO.

Lot Info

  • Parcel Number: 010-093142
  • Lot Size Sq Ft: 18730.8
  • Additional Parcels Description: 010-093141
  • Additional Parcels: Yes

Multi Family

  • Number Of Units Total: 12
  • Net Operating Income: 36843.0
  • Annual Operating Expense: 37317.0

Tax Info

  • Tax Annual Amount: 7660.0
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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
06/26/2023 06/26/23 Sold $925,000 -4.1% $92 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
01/23/2023 01/23/23 Price Changed $965,000 -2.0% $96 / Sq Ft
01/03/2023 01/03/23 Price Changed $985,000 -1.0% $98 / Sq Ft
12/16/2022 12/16/22 For Sale $995,000 -- $99 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Thomas Fortin

    Seller's Agent in 2023

    Thomas Fortin

    Thomas Fortin & Company LLC.

    (614) 348-7876

    1 in this area

    17 Total Sales

    Thomas Fortin
    Section Image

  • W

    Buyer's Agent in 2023

    William Haupt

    RE/MAX

See All Agents

Map

Source: Columbus and Central Ohio Regional MLS

MLS Number: 222044672

Columbus and Central Ohio Regional MLS
Ohio Franklin County Columbus 43213 Eastmoor

480 S James Rd, Columbus, OH

Not Listed for Sale

MultiFamily

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